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Enabling the self-employed to access benefits

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While government relief efforts in response to COVID-19 have been massive, they’ve overlooked the millions of people that are self-employed. In these unprecedented times, the FinTech community in the UK has come together to address this population desperately in need of support creating Covid Credit. The community, which includes Credit Kudos, Fronted, 11:FS and others (pictured above), used open banking to allow quick, smart, and easy verification of self-employed wage loss, potentially saving months of delay. Check out our Moneypot podcast where we talk with some of the industry leaders behind Covid Credit.