Frollo: Launches Open Banking powered Financial Passport in app
- Frollo, Australia’s leading Open Banking provider, has launched a free tool for consumers to get a snapshot of their finances
- Powered by Open Banking, the ‘Financial Passport’ provides an easy to understand overview of income
- Consumers can use the PDF to get a better understanding of their financial position and borrowing power
- The report includes a monthly overview of a user’s income and expenses, an overview of all their assets & liabilities
- In the app, consumers can link their financial accounts using Open Banking to get an overview of their finances
- Also works with lenders, brokers, and fintech to streamline their lending decisions
