Infact

Will's most excited about... building a real-time credit bureau. Yes, really. When Will Mason, CEO of Infact, was asked about the technology that excites him most over the next two years, his answer was building the infrastructure that changes how credit reporting works. Real-time data isn't just about speed. It's a powerful driver of financial inclusion, helping prevent people from taking out credit they shouldn't while building their identity and representation within the industry. It's the infrastructure change that makes responsible, fairer lending possible. 📽️ Part of Konfir Konnect 2025 Panel, alongside Jaibir Nihal Singh (TraqCheck) and Kimberley Veck (Matrix Security Watchdog). #data #automation #credit #lending

How do you verify a person exists when there's no traditional data on them? Millions are shut out of financial services not because they're risky, but because traditional identity and credit checks become barriers they can't pass. Alternative data sources offer a solution. Our Head of Product, Bis Das, joins Gareth Evans and Chloe Coleman (CEO, Vouchsafe) to discuss how bureau data and mobile signals can verify real consumers whilst catching fraud and synthetic identities. Lower friction, lower cost, wider access. We'll explore practical approaches to using alternative data infrastructure that expands financial inclusion without compromising security. Register at the link in the comments. #identity #kyc #finance

Infact won Best Credit Reference & Information Solution at last week's Credit and Collections Technology Awards 🏆 This recognition means a great deal to us at Infact. When we set out to build the UK's first new Category 1 credit bureau in over 20 years, it was driven by a simple but powerful mission: to help more people access credit fairly and help lenders make better decisions with real-time data.   Lenders, digital banks, and fintechs, have transformed how people manage their finances - it's time credit reporting caught up. As a fully regulated credit bureau, this award is a testament to our incredible team who work tirelessly to make that vision a reality every day.    We're grateful to our partners and clients who trust us and help us build real competition in the UK credit market. Together, we're driving the industry reform that's long been needed to create a more inclusive and innovative financial system. Thank you again, and we're excited to continue this journey together. Credit Connect UK #lending #credit #award #inclusivelending

Infact 🤝 Pockit
 Pockit is now reporting credit account data into Infact's credit bureau.
 With over 1 million customers, Pockit provides income advance and prepaid account services to people who are often underserved by traditional financial services. This partnership means their customers can now build verifiable credit histories that reflect their true financial behaviour.
 By contributing credit account data to Infact, Pockit is helping unlock access to mainstream financial products for customers who deserve better opportunities.
 Virraj Jatania, Co-founder and CEO of Pockit: "Infact understands that innovation in credit referencing is really about innovating to support real people. Our customers are proving their creditworthiness through new products and payment patterns, and Infact have embraced that to unlock access to financial services for people who deserve better opportunities."
 Will Mason, CEO of Infact: "We're pleased that Pockit is now contributing credit account data to Infact. Their income advance and prepaid account data expands our visibility into how underserved consumers manage their finances - adding valuable depth to our bureau and helping us better assess creditworthiness for customers that legacy bureaus often overlook."   We’re excited to continue building alongside Edward Terry, Virraj and the rest of the team at Pockit. Pockit’s credit account data, reported via SteadyPay under their FCA permissions, is now being contributed into Infact’s credit bureau.   #credit #betterdata #creditreporting #responsiblelending

How do you prove someone exists when there’s no data on them? AI now makes it possible to automate large-scale synthetic identity fraud, and simple document checks are no longer enough to stop it. Better data is part of the solution, but they have their own problems, with legacy tech locking millions of credit invisibles out of vital services. In our new webinar, financial inclusion luminary Gareth Evans is joined by Chloe and Bis D. (Head of Product at Infact) to share real-life case studies on firms using next-gen data to expand access to banking, credit and savings. Sign up at the link in the comments. (cc Financial Inclusion for Scotland, FinTech Scotland, allpay Limited, Fair4All Finance, Responsible Finance, Innovate Finance)

The government just published its first Financial Inclusion Strategy. It's comprehensive and ambitious, covering everything from basic bank accounts to debt advice to financial education in primary schools.   One number stands out: 20 million people living in financially vulnerable circumstances in the UK.   The strategy rightly identifies the core problem. People can't access affordable credit because they lack credit history. But they can't build credit history without access to credit. It's a loop that keeps people locked out.   Reading through the pages, there's a recurring theme. Supporting credit unions to scale. Helping people graduate from specialist lending to mainstream products. Ensuring affordability assessments reflect real circumstances. Preventing vulnerable customers from taking on unaffordable debt.   All of this requires one thing: accurate, timely credit information.   Here's where it gets interesting. Traditional credit reporting was built for a different era. Monthly data cycles made sense when everything moved slowly. But when you're trying to help someone build a credit profile or assess whether they can afford a loan right now, 30 to 90 day old information isn't just inconvenient. It's the difference between inclusion and exclusion.   This is what we're building at Infact . Real-time credit infrastructure. The Inclusive Lending Charter to help social lenders share information instantly. When someone makes a payment today, it should matter today, not three months from now.   The opportunity is significant - research shows financial inclusion could unlock £6.4 billion for the UK economy. The regulatory framework exists. The policy intent is clear. Building the infrastructure to deliver it is what we're here to do.   #InclusiveLending

Evlo is addressing a real problem here 👏 spearheaded by Jono Gillespie and Asif Nadeem   Rental payment data is a consistent indicators of ability and willingness to repay, yet it's largely invisible to the credit scoring system. This creates a systemic disadvantage for millions of renters who demonstrate financial responsibility every month but can't build credit from it.   We were pleased to co-sign Evlo's Budget representation to HM Treasury calling for rental payments to be included in credit scoring. This campaign aligns directly with the mission of Infact's Inclusive Lending Charter: breaking down barriers that keep people trapped in expensive credit despite demonstrating creditworthy behaviour.   Levelling the playing field between renters and homeowners isn't just about fairness, it's about creating a credit system that reflects real financial behaviour and nurtures financial inclusion.   #FinancialInclusion #InclusiveLending #ResponsibleLending

🚀 Case Study Insights: Curve & Infact How do you scale credit offerings while eliminating manual underwriting bottlenecks? Curve partnered with Infact, leveraging our Affordability Engine to eliminate manual reviews and accelerate the growth of their Flex product. The impact has been significant: ☑️ 100% automation of underwriting processes ☑️ £250m+ in additional credit limits issued so far and growing ☑️ 1.4 average ranking position in marketplace comparisons ☑️ Streamlined, personalised customer experience "Infact's Affordability API eliminated the manual underwriting bottleneck that was consuming so much of our time. Going from reviewing 46% of applications manually to 100% automation has completely changed how we operate. Our customers are seeing the benefits too, with faster, fairer access to credit through a more effective application process.” – Jahanvi Bava, Credit Portfolio Manager at Curve 📖 Read the full case study to discover how Curve scaled their lending with more accurate affordability insights. Link in comments. #Affordability #Lending #Credit #ResponsibleLending

Vouchsafe has joined the Inclusive Lending Charter as a partner member 🌱 11 million people in the UK don't have a passport or driving licence. For them, proving identity becomes a barrier to accessing credit because traditional verification doesn't work for everyone. Vouchsafe built identity verification that works without photo ID. The platform accepts alternative evidence and trusted referee vouches, maintaining security standards while removing a fundamental access barrier. As a Charter partner, they're ensuring more people can prove who they are and access the fair, affordable credit they need. Welcome to the Charter, Chloe Coleman, Jaye Hackett 🏳️🌈, and the Vouchsafe team! #InclusiveLendingCharter #InclusiveLending #kyc

New partner announcement: Zopa Bank 🤝 Infact We're excited to announce our partnership with Zopa Bank to enhance credit information accuracy and visibility for their customers. Zopa is now reporting all consumer credit information across its products to Infact. This partnership underscores Zopa Bank's commitment to helping customers better understand and improve their financial position through reliable, up-to-date credit information, whilst supporting healthy competition in the UK bureau market. Jeremy Penzer, Chief Analytics Officer at Zopa Bank, said: "Our customers trust us to make smart, responsible decisions with their data. By sharing credit data with Infact, we are helping customers build stronger credit profiles that accurately reflect their financial behaviour. This supports people to make informed financial decisions and improve their credit scores, while establishing a partnership that contributes to increased competition in the UK bureau market.” Will Mason, CEO of Infact, added: "We're delighted to partner with Zopa, a digital bank that truly puts customer financial wellbeing first. Together, we're creating a more complete picture of consumer credit worthiness that helps people build better financial futures. This gives customers the credit profiles they deserve: accurate, comprehensive, and up to date, whilst also lifting standards across the whole credit reporting landscape." More about our partnership at the link in the first comment 👇