Overview

SquareDev provides tools for financial institutions to use Open Banking data to improve credit scoring and income verification. Its platform integrates with existing systems via APIs, turning large datasets into actionable insights through data science and machine learning. This enables lenders to make more informed credit decisions, increase loan acceptance rates, and reduce bad loans, while also supporting anti-money laundering efforts and verification of credit liabilities. Compared with competitors, SquareDev emphasizes seamless integration, transparent scoring, and a digital experience built on Open Banking data and ML-driven analytics. The company’s goal is to help lenders extend credit responsibly, improve accessibility for consumers, and strengthen trust between borrowers and lenders.