OpenWrks

OpenWrks specializes in providing bank-verified affordability information to enhance lending decisions and create personalized financial solutions. Operating in the financial services sector, OpenWrks serves businesses that aim to help individuals manage their finances more effectively. The company leverages Open Banking data through a simple API, allowing clients to build tailored solutions quickly. By partnering with businesses, OpenWrks facilitates the development of market-changing products and services. The business model revolves around offering real-time spending, budgeting, and money coaching tools, enabling customers to take control of their financial future. OpenWrks generates revenue by collaborating with companies in the credit, lending, and collections industries, providing them with the necessary tools and support to address customer challenges. The company also offers various engagement models, adapting to the regulatory requirements of its clients. Keywords: affordability, lending, Open Banking, financial solutions, API, budgeting, debt management, credit industry, partnerships, customer engagement.