Capital on Tap Partners with Plaid in the UK for Streamlined SME Underwriting

Capital on Tap, a business credit card and spend management platform, has expanded its partnership with Plaid to the UK. The collaboration leverages Plaid's open banking infrastructure to provide UK small and medium-sized enterprises (SMEs) with more efficient access to funding. This builds upon Capital on Tap and Plaid's successful partnership in the US, which began back in January 2023. The integration brings benefits such as streamlined onboarding, smoother funding process through extensive bank coverage, and enhanced credit decisioning with advanced analytics.