Method x Happy Money = A Happier Way of Lending 😊 Integrating Method's APIs into Happy Money’s platform makes debt consolidation even easier, with real-time identification of members’ outstanding credit cards, live balance retrieval, and seamless balance transfer. Learn how Happy Money uses Method to increase same-day payment coverage from ~50% to ~96% on its Direct Card Payoff offering, enabling members to consolidate $7M in credit card debt in 4 months. 👇 https://lnkd.in/ezxrFDP6
Method
Financial Services
Austin, TX 2,406 followers
Method is empowering real time data and payment access for consumer liabilities
About us
Method Financial empowers real-time data and payment access for consumer liabilities. Using consumer’s consent, Method can securely connect all of a user’s liabilities, retrieve comprehensive data, and enable payment access. Method’s industry-backed network allows lenders, fintechs, and financial institutions to build personalized lending and financial management experiences supported by comprehensive real-time credit data, evergreen connections and integrated payment rails. Through a single integration, Method powers access to liabilities held at over 15,000+ FIs in the US, covering 95% of all outstanding consumer liabilities.
- Website
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https://methodfi.com
External link for Method
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Austin, TX
- Type
- Privately Held
- Founded
- 2021
- Specialties
- Personal Finance, Student Loans, Fintech, API, Embedded Banking, Payments, Data, Lending, Bill Pay, and Open Finance
Locations
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Primary
Get directions
Austin, TX 78758, US
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Get directions
7272 Wisconsin Ave
Bethesda, MD 20814, US
Employees at Method
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Timothy Wee
🇵🇭🇺🇸 engineer, investor | CTO@Pod Foods | prev ML@Google, early Amazon Ads
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Phil Bronner
Managing Partner @ Ardent Venture Partners; OneMain Financial, Method Financial, Crux, GiveButter, Collective
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Phil Chang
General Counsel at Method Financial
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dan preiss
vc @ ardent venture partners
Updates
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Method reposted this
Hey Friends - Anyone going to Austin for Devcon? We are hosting a This Week in Fintech happy hour in collaboration with our wonderful partners at Method & Rutter. https://lu.ma/atx808 Julie Tori Tuongvan
Devcon Austin Happy Hour with Method and Rutter · Luma
lu.ma
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🎥 METHOD LIVE DEMO❗ FinvoateSpring 2024 was a great show this year and an even better opportunity for us to showcase how some of our largest clients are using Method in the wild. Our very own Justin Barth demonstrated some revolutionary capabilities of Method... ⚡ Liability Single Sign-On: the lowest-friction onboarding experience in consumer finance. 💸 Direct Pay: reducing a weeks-long debt consolidation process to days. 🔗 Instant Link: seamlessly connect all of a user's credit cards with only their consent. Shoutout to our amazing product and customer success teams for their tireless work to make all of these use-cases possible. Thank you to Finovate for giving us the opportunity to present. Missed us this time? Check out the video below and meet us at FinvoateFall in NYC!
FinovateSpring 2024 / Method Financial
https://www.youtube.com/
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✨ Great to be featured on this week's American Banker Fintech publication, sharing how Method is partnering with traditional financial institutions to embed real-time consumer data and payment access to their core offering. Method's APIs enable Banks and Fintechs to access: • Real-time liability data to personalize loan offers, driving higher conversion • Embed loan payoff capabilities, helping users save on interest • Connect user's wallet in seconds for seamless checkout experiences 👋 Learn more at www.methodfi.com!
Fintechs such as Spinwheel Payitoff Method Tally Debbie are partnering with financial institutions to address the problem of consumer debt, which has reached record highs. Bankrate reported in December that the average credit card rate reached a new record high of 20.72% in 2023, up 4.42 percentage points since the beginning of 2022. An August survey found that 60% of credit card holders who carry a balance month to month have been in debt for at least a year, up from 50% in 2021.
Fintechs pitch banks with solutions to help consumers deal with debt
americanbanker.com
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We're excited to be demoing at this year's Finovate in San Francisco on May 21. Justin Barth (Head of Sales) and Brett Twomey (Head of Partnerships) will demo how SoFi, Bilt Rewards and Aven use our liability connectivity solutions. See you on stage!
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👋 Meet Anthony Monaco, Method’s first Customer Success hire, a professional go-kart racer, and a passionate 0-1 builder. ✨ Come work with Anthony and the rest of the team at Method as our new Head of Customer Success. https://lnkd.in/eemmXcCu
Spotlight: Anthony Monaco, Customer Success Manager | Method Financial
methodfi.com
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Method reposted this
We’re thrilled to announce our latest partnership with Method! 🚀 💲 For the first time, lenders can leverage real-time insights about a borrower’s #liabilities and #cashflows to make smarter, faster decisions across the loan lifecycle. With #MethodFinancial + Pave, #lenders can take proactive actions including: ▶ Customizing loan offers based on true financial capacity including real-time liability analysis ▶ Identifying repayment issues for timely intervention ▶ Restructuring high-interest debts with consolidation and payoff strategies 🔗 Check out the full article to learn more: https://lnkd.in/eqhWeddk #Fintech #Innovation #FinancialServices #CashflowAnalytics #CashflowUnderwriting
Pave.dev and Methodfi Collaborate to Offer Real-Time Financial Insights for Lenders
http://pave.dev
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Diverse authentication regimes under the CFPB’s final Section 1033 rule will enable consumers without credentials to enjoy the benefits of open banking. 🏦 61 million American households are unbanked, underbanked, or bank non-digitally. A standard-setting authentication framework based solely on credential-based tokenized gateways would limit their financial access. Read Methods perspective on serving a broader population with an alternate authentication standard👇
The Importance of Inclusive Authentication in Bridging the Financial Divide | Method Financial
methodfi.com
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We're excited to be co-hosting NYC Fintech Week's kickoff party on Mon, 4/8 - RSVP below to join! 👇
Roll call: Who will be in NYC for Fintech Week? 🙋♂️ Kickoff Fintech Week with This Week in Fintech and our friends at Method, Spade, Taktile, and Bond. Whether you're looking to meet like-minded professionals, explore the latest in fintech, or just have a great time, this is the place to be! See you there 👉 Lu.ma/nyc48
TWIF NYC Fintech Week Kickoff Party · Luma
lu.ma
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⚡ Introducing Instant Link = a Bilt Rewards x Method collaboration allowing users to connect their entire credit card wallet in seconds. Bilt users can seamlessly connect their entire credit card wallet to the Bilt Rewards Alliance to start collecting points for rent, their biggest expense. ✨ In just the first month since launching Instant Link, we've empowered over 200,000 users to instantly connect 400,000 credit cards into the Bilt network. We are excited to unlock the easiest way to make rent more rewarding!
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