MyArk

Another Good News Friday - we are thrilled to confirm we are part of the FinTech Scotland Consumer Duty challenge. The intent is to work with top UK instituions including NatWest Group, Tesco Bank, Equifax and more to address key consumer protection issues, aiming to drive impactful change through transformative solutions. We are amongst a phenomenal cohort of 20 national startups: Malted AI haboo money Planda Vouchsafe Guiide TellJO | B Corp™ Ask Silver Sibstar docStribute®️ National Support Network YAW ANTWI-DONKOR Crediflow AI The Wisdom Council Hope 4U Profylr Engage Smarter AI Inicio AI NestEgg.ai Dr Luke Hope, Cathy Britton, Jen Lothian #consumerduty #ai #data #startup #fintech

Ever wondered what the top 2 Google Translate queries are? "Hello" and "I love you" People use technology to connect.

As a startup they say you need to get close to the customer. To understand their problems and ensure you build a solution that delivers. We are fortunate to be part of the TSB Labs program phase 2, getting insights not just from the business but directly from the teams within. It has expedited our learning as we develop MyArk to help businesses better understand and so activate customers. TSB Bank Label Sessions Adam B. Darryl P. Matthews Maxine Mackie #startup #bank #ai #data Jen Lothian

A bit of an insight into phase 2 of the Labs program with TSB Bank. MyArk transforms how businesses/banks understand and activate customers by 1. Unique insights into customer needs 2. Seamless data sharing to make activation easy It is all about clarity and convenience! #data #ai #startup #fintech

Jen Lothian is off to Helsinki this week to attend Slush. If investors and fintech leaders want to know how they can erradicate onboarding abandonment, and so increase revenues while reducing CAC, then get in touch. She will be around Wed, Thurs and Friday morning. #slush #ai #data #fintech #startup #onboarding

A great day last Friday with the TSB Labs team and Phase 2 cohort in sunny (yeap - sunny!) Edinburgh. What stands out with the TSB Bank labs is access to the decision makers through the process so we all have the opportunity to really understand the problems they are looking to solve, and how MyArk can be part of the solution. Delphine Emenyonu Sailesh Panchal Darryl P. Matthews Adam B. Maxine Mackie

Open Finance is a misnomer. It's so much more than what we generally perceive "finance" data to be. Insurance, utilities, renewal dates.... Our CEO, Jen Lothian joined Ezechi Britton MBE , CEO at Centre for Finance, Innovation and Technology (CFIT) and Mickael Paris on the FinTech Scotland podcast to all talk things Open Finance and it's potential impact. What is so exciting about Open Finance is the transparency, accessibility, and control it brings consumers, and what this means for the future of the financial ecosystem. MyArk is thrilled to be one of the businesses levering emergent technologies to help us get there sooner! #openfinance #openbanking #data #ai

❌ The problem is the banks DONT have the data.    💳 Open banking is only current accounts and credit cards.    🏠 It is not mortgages, pensions, savings, ISAs and more.    ⌛ Sure, a bank may know how much you pay on your mortgage. But what they can’t see is interest rate, end of tariff date, % of equity held in the property.     💡 All that is Open Finance, which is a concept not available functionality.    🌉MyArk fills in the gaps, for example reading your mortgage statement so you don’t have to.     #openbanking #openfinance #mortgage #insurance #saving    

Good news Friday    MyArk is through to Phase 2 of TSB labs.     The challenge “How can Open Banking enhance our customer experience by offering personalised and seamless customer experiences from retail banking, youth banking, business banking and beyond?”    Our answer -  Well, there is ApplePay for payments. MyArk does the same for data, so you can get home insurance, Mortgage fact find, car loan and more in one tap.    1. Simply scan a previous document to autofill in with one click  2. Done    Then, you can save the data for later (like saving your payment details with Stripe) in your super secure personal data wallet.    And over time build your data profile by connecting Open banking, sharing with other MyArk users and adding in documents and email, for the first complete 360 understanding of the customer. #openbanking #customerinsights #customerdata #datawallet #ai #

HearstLab, founded by the extraordinary and inspirational Eve Burton, has a staggering 85% success rate versus the market norm of 10%.   They have invested over $100 million in 70+ startups, currently valued at over $2.5 billion collectively.     By any standard these are some compelling stats and, guess what, they only invest in startups where at least one founder is female. Just sayin'...     MyArk was honoured to be one of just 6 finalists from over 300 applications across Europe, especially as the only pre-revenue business! The judges deliberated at length, leaving the wonderful Louise Harvey and Marie-Claire Chappet only just short of breaking into tap.    🎉 Congratulations to the exceptionally well-deserved winners Kayleigh Ciara Kuptz of Deployed and Barbara Gottardi of Finbridge.  And the other finalists:  ✨ Camilla Frydenbø of Lyll.io  ✨ Chloe Sweden of Lowr  ✨ Zoe Rowswell of Tern Eco #femalefounder #vc #ai #preseed Jen Lothian Cathy Britton Luke Hope