USE CASE
Proptech
Proptech leaders are staying ahead of the curve by embracing Open Banking data to provide seamless customer experiences and gain valuable insights through a holistic financial view of customers.
Check out the FREE use case info sheet below to discover more.
Still have questions? Contact Sales
Challenge
The Proptech industry, specifically the rental market, has had a focus on providing core functionality for agents and landlords. With renters making up a large part of this market, tenant onboarding and ongoing rental repayments can be clunky and outdated, causing a friction filled experience for end users.
Solution
By using Basiqs Connect and Enrich API’s LIZpay has been able to accelerate digital onboarding and gain a better understanding of their customers’ finances, such as spending habits, payday schedule and recurring expenses. Harnessing financial data, LIZpay helps tenants design a personalised deposit schedule to ensure that they have sufficient funds in their dedicated digital wallet by the time that their rent is due.
What our customers are saying
LIZpay
Baxter Knight, Co-Founder
We are really excited to have access to Basiq’s Open Banking platform. Basiq’s overlay services including income detection and spending analytics are what will allow us to provide users with instantaneous access to our transparent financial product offerings to help them smooth out their recurring payments, now and into the future.
Discover more benefits & insights
Explore the benefits of using customer consented financial data across the Proptech landscape with Basiq.
- Expedite tenant account onboarding and verification
- Simplify rental deposits
- Access serviceability scoring to quickly assess tenant suitability
- Reduce accounting costs and more!
Industry Leading Products
Some of the most innovative fintechs in the world utilise the Basiq platform to provide market leading solutions.
Access account data in real-time
Connect
Get real-time access to account details, balances and transactions from financial institutions.
Enhance transactions with
merchant data
Enrich
Get rich insights by identifying the merchant, expense category and location of each bank transaction.
Gain deep insight of your
customer’s finances
Affordability
Get a better understanding of your customer’s financials by identifying income sources, expenses, assets and liabilities.
Uncover rich insights
with data driven payments
Payments
Execute payments through the Basiq platform by combining the power of financial data and payments.
Ready to get started?
Get in touch or create an account.
