Loaney
“Can a microlending specialist use open banking data infrastructure to automate underwriting and scale financial inclusion in Spain while keeping loan decisions near real-time?”
HQSpain
IndustryFintech / Lending
The story
Loaney is a Spanish financial institution specializing in microlending, offering microloans from €30 to €600 with single-installment repayment within 30 days. The company positions itself as an instrument of financial inclusion, targeting clients historically excluded from traditional banking. To scale efficiently, Loaney adopted open banking infrastructure (Powens/Unnax) for real-time bank account data, enabling automated onboarding and creditworthiness assessment in seconds.
Product timeline
2024
Loaney partnered with Unnax/Powens to increase onboarding 5x and loan volumes 4x by integrating open banking for real-time financial data access during loan assessment.· lending
The stack
2 layers disclosed in Loaney’s embedded-finance stack
Lending
Microloan (€30–€600, single installment, max 30 days)
Open banking
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.