This recognition validates what we've been working toward since day one: solving the very real problems experienced by business and consumer alike that stem from data being inaccessible and fragmented. This makes getting the right products and services harder than it should be.

The Problem We're Solving

The mortgage application process is renowned for being long and painful. Borrowers email them to lenders bank statements, pay slips, utility bills, insurances and more. They then manually complete forms such as fact find even though all that data is held within the documents they have just sent.  

It's slow, frustrating, and creates unnecessary friction at a critical moment in someone's financial journey.

Open banking has the capability to securely share financial data in seconds, but only solves part of the data problem: current accounts, credit cards and some savings. It is incomplete. And adoption remains low (13%), not because of the technology, but because of trust and understanding.

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Our Approach

At DataWollet, we're bridging that gap. We're making open banking accessible, secure, and valuable for both borrowers and lenders. Better data means better lending decisions. Better decisions mean fairer access to credit and better credit risk management – DataWollet’s income and affordability assessments are ~20% more accurate than those completed manually.

Plus DataWollet unlock productivity, saving over half an hour per case. So you can support more cases with the same team!

What This Award Means

This award isn't just recognition for our team—it's validation by the mortgage industry that it sees the benefits that cutting edge yet safe solutions like DataWollet can bring to the industry.

We're grateful to the audience voters, our partners, and most importantly, to the lenders and borrowers who trust us to make their mortgage experience better.

What's Next

We are going live with a number of core mortgage platform providers this year meaning we can support numerous brokers by seamlessly embedding in their journeys.

Follow us on LinkedIn to get up to date with latest updates and product releases.