Method Financial, founded in 2021, offers a unified API for real-time connectivity to consumer credit and liability accounts with embedded payments for lending.
Method Financial, founded in 2021, is a financial infrastructure company that provides a unified API delivering real-time connectivity to consumer credit and liability accounts, with payments embedded in the same interface. The system is designed to support end-to-end lending experiences, and it operates in the United States across lending, personal finance, employer benefits, banking and consumer finance.
The company's principal product, the Method API, connects to consumer credit and liability accounts in real time and handles payments alongside the data. According to the company, 24 million liability accounts have been connected through the platform, spanning 3 million users, and hundreds of millions of dollars in repayments have been facilitated. Technical work centres on financial data connectivity APIs, embedded payments and consumer credit and liability account infrastructure.
Alongside the core API, Method Financial offers a credential-less authentication system that lets users link financial accounts using only a phone number. The approach removes the need to share usernames and passwords, and avoids the security risks associated with traditional credential sharing.
