Basiq

About

Basiq is an Australian open-banking platform that gives businesses API access to customers' financial data, and is a wholly-owned subsidiary of Cuscal Limited, a payments and regulated data provider. Its platform connects to more than 135 financial institutions in Australia and New Zealand for account and transaction data. It also generates affordability, income and expense reports, and offers a data holder solution covering CDR authorisation, consent management, compliance and reporting. Basiq is an accredited data recipient under the Consumer Data Right, and its use cases include lending, buy now pay later, wealth and investing, proptech, collections and salary advance. Customers named on its site include Afterpay, People's Choice Credit Union, Greener, Beforepay, Pearler and Now Finance.