Fintern is a consumer lender which aims to expand access to low cost personal credit by using the UK’s new Open Banking standard to analyse consumers’ historical bank statement data.

Fintern's mission is to expand access to low cost personal credit using Open Banking.

Fintern was co-founded in 2020 by Gerald Chappell and Michelle He. The company is headquartered in London, United Kingdom.


Fintern is embracing open banking functionality in order to scale its lending ambitons by looking at each customer’s entire financial life. Transaction data will be analysed - incomings, outgoings, current repayments and repayment history 0 which will allow it, it says, to improve lending affordability.


Fintern currently offers loans of £500-£5,000 for durations of up to three years with a variable APR of 18.8 per cent. The company has processed more than 50,000 loan applications and proved that this affordable alternative works.


Fintern is backed by Hambro Perks, Varengold Bank, and others. The company raised £8M in a Series A round on Feb 09, 2022. This brings Fintern's total funding to £8M to date.



  • Year founded: 2020
  • Funding Info: £8M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: London
  • State: London
  • Country: United Kingdom
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