Debt management platform aimed at consumers and creditors

IN BRIEF:

- Elifinty has brought to market EliHUB, an end-to-end consumer debt management platform

- Harnessing the power of open banking, it provides consumers with tailored debt support and a direct connection to professional advisors and creditors

- Elihub's innovative approach solves the largest problem faced by UK consumers: the absence of fast and informed advice tailored for each consumer, enabling consumers to get out of debt and build a sustainable relationship with their finances

What does this mean?

“It’s unbelievable that until now, customers had nowhere to turn to receive fast and tailored advice for their financial problems despite the advances we’ve made in the financial sector through open banking” said Maysam Rizvi, founder and CEO of Elifinity. “We have used open banking to make it easy for people to get an online bank account, the best mortgage deal or a loan in a matter of minutes - why not use open banking to give people fast and tailored financial advice too?  We also provide businesses such as utility providers, housing associations and banks with access to open data, so they make an informed and direct connection to their customers and offer debt management support that works for them.”