Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Method Financial is a financial connectivity API focused on consumer liabilities. They provide real-time, permissioned read/write access at all major financial institutions, without the need for a consumer’s username and password. Method Financial helps lenders increase revenue by streamlining customer acquisition, improving underwriting accuracy, and increasing line utilization through balance transfers. Today, they power solutions for over 60 fintechs, lenders, and FIs including Aven, Upgrade, SoFi, and PenFed. Method Financial is backed by a16z, Truist Ventures, YC, and more.

How they describe their product/innovation: Method Financial is demoing their connect, data, and pay APIs. With connect, users can create an authenticated profile for end users using consent and PII, not credentials, with the option to retrieve a full view of outstanding liabilities. With data, retrieve real-time data on users’ accounts directly from the sources of record (15K+ FIs). With pay, initiate one-time, ongoing, and recurring payments to all liability types and receive real time confirmation.

Product distribution strategy: Direct to Business (B2B)

Credit Union/Community Bank Fit: Credit Unions

Contacts:

Bus. Dev.: Justin Barth (Head of Sales), justin@methodfi.com
Press: Mit Shah (COO), mit@methodfi.com