Kuflink has launched a beta version of a new app for investors, with plans to add open banking functionalities.
The peer-to-peer bridging lender said the app is available for downloads on Android and Apple phones.
Kuflink said it is looking at using the data-sharing initiative for the app, would give the platform the ability to make bank transfers in real time, instead of requiring an uploaded bank statement.
“We are constantly adding some of the new features you see on the web invest platform on an ongoing basis and releases will be scheduled at different times to the web invest platform upgrades,” Kuflink said in a blog on its website.
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Kuflink is also working on providing an Innovative Finance ISA (IFISA) for some of its manual lending opportunities, which it calls ‘select invest’, digitalising the IFISA transfer in sign-up process and segregating the IFISA and self-invested personal pension wallets.
The platform has added a ‘loan status’ column in the portfolio section to show each status, such as ‘performing’ or ‘in default’, of all ‘select invest’ live loans and is also working on showing updated images and information on its development loans.
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“The Kuflink tech team has worked diligently to bring new features for March 2021 forward,” the platform said in the blog.
“Together, with your feedback, we are able to fulfil Kuflink’s purpose in connecting people to financial freedom.”