Castlight Financial

At Castlight we’ve created a suite of affordability products that get to the heart of the question: how do we really know a customer can afford the financial product they want?

Our products shed new light on a customer’s ability to afford a financial product.

While offering financial retailers a quick and easy technology platform that gives them a ‘real time’ window into a customer’s ability to take on any product safely.

Using current finance data from the customer’s bank account, Castlight brings together for the first time the consumer’s income and credit exposure – ensuring that any advice or sales is based upon a full picture of the consumer’s financial capability.

And now the provider can be assured that all financial capability factors have been considered when selling the product.

Together with existing credit information, retailers can be assured they have a more robust and accurate picture of a customer’s ability to pay which is fair to all.

Our products:

• Affordability Passport – a web-based technology which allows lenders to offer customers a secure platform through which they can share transactional data, providing a clear and comprehensive picture of their income and expenditure
• CaaS® (Categorisation as a Service) – maximise the power of your customer data with our powerful categorising engine that powers our affordability products
• CastScore – a new affordability score that uses open banking technology to analyse a customer’s transactional data in real time and score their likelihood of paying credit back

For more information visit our website:  www.castlightfinancial.com

Castlight is fully authorised and regulated by the Financial Conduct Authority (FCA). Reference Number: 797290