July 2025 – Stryd has announced a strategic partnership with Experian to launch a new Open Banking-powered loan-matching platform designed to transform how brokers and customers access and manage lending opportunities.
Through this collaboration, brokers can now gain real-time financial insights via Experian’s Bankstatements.com solution, paired with Stryd’s product repository and PRD-enabled pricing and risk engine. The integration will streamline the loan origination process, enabling personalized loan matches and reducing the need for borrowers to self-report financial data.
The platform also includes event-based alerts and behavioral insights, giving brokers the tools to monitor clients throughout the loan lifecycle and proactively recommend refinancing when it’s financially beneficial.
Looking ahead, Experian plans to integrate transaction data from illion, further strengthening the ecosystem’s analytics capabilities. With over 25% of brokers already using Open Banking, and another 34% planning adoption, the partnership positions itself to lead innovation in customer engagement, loan retention, and regulatory-compliant lending solutions.
