Financial Wellness Apps
Create More Value & Increase Account Activation
- Continuous account connectivity
- Secure access to comprehensive debt data
- Meaningful experiences for increased LTV
Better Outcomes & Benefits
Empower Your Members Through Meaningful Engagement.
Modern Tools Improve Debt Outcomes for a Win/Win.
Comprehensive Data With Connectivity You Can Trust.
Easy Account Controls Builds for a Better Experience.
Stay Vital For a Stronger Relationship With Your Members
Our flexible debt APIs help you to adapt your services and platform to suit your members current stage in life. Be there for them at every eventful milestone along the way. Quickly build new robust features to guide members through the purchase of their first home, automobile, financial planning, and more.
Personal Financial Management, Financial Wellness, Banking Apps
Qapital is an award-winning app designed to let its customers save, invest, and spend with any goal in mind.
After surveying their customers, Qapital found that the top 2 concerns for their 2M+ customers were support with paying off their loans and improving their credit score. In order to address these concerns, Qapital was looking for a robust solution that would allow them to quickly get this started.
Using Spinwheel’s APIs and UI drop-in modules, Qapital was able to quickly launch a two-pronged solution to address the top concerns of their users.
Paying Off Loans: Qapital launched their Debt Wrangler offering that allows their users to:
- Connect and see all of their loans
- Understand which loans they should pay off first
- Make optimized payments on a one-time or recurring basis
- Understand their refinance options including the impact from a proposed refinance relative to their existing loans
- Set up a new bank account for auto-debit to save .25% on interest rates
Improving Credit Score: With Spinwheel’s data, Qapital is able to offer their users personalized recommendations on how to improve their credit score. These include options such as:
- Scheduling payments on the most impactful debt
- Lowering their revolving balance by refinancing debt on high interest credit cards
- Credit score monitoring
- Increasing credit limits by opening new credit cards
- Tracking and optimizing credit card utilization
Spinwheel: Better Outcomes Made Easy
Borrower connects their loan account via the app
Once authenticated, you have access to their debt information
Borrowers can start making payments or refinancing right away