Integrate Mistho to obtain first-party secure and untampered income data to reduce your lending risk
Mistho's Income Verification solution:
Protects you and your customers from a risky car lease/loan.
Drastically reduces time spent on document checks.
Enables a fully digital user experience.
Allows you to make a confident decision, faster.
Car Loan/Lease Process
Lead generation is competitive and costly. Attract more leads by offering an end-to-end digital process - regardless of whether your are a lender or a broker.
How Mistho Works
Users search for their payroll provider and logs in once. We retrieve the payroll data and securely and deliver it to you in a standardized format. Unlike Open Banking, our one-time access gives privacy assurance to your users.
Mistho easily seamlessly integrates into your user experience at any part of the process you'd like
Technology-enabled Solutions
Legacy Solutions
| Mistho | Open Banking | Credit Agencies | Paper Documents |
|---|---|---|---|
 Up-to-date data | Up-to-date data |  Historical data | Up-to-date data |
Tamper-proof | Possible Fraud | Tamper-proof | Possible Fraud |
Granular Data | Only Total Income | Granular Data | Granular Data |
Enables fully-digital UX | Enables fully-digital UX | Slow, manual process | Slow, manual process |
Large Cost Savings | Large Cost Savings | Expensive Reports | Free, but unverified |
Privacy: One-time Access only | Privacy: Continuous Data Stream | Privacy: One-time Access only | Privacy: One-time Access only |
Technology-enabled Solutions
At Mistho, we envision an inclusive financial ecosystem where multiple first-party data sources are used for accurate decisioning and a frictionless lending process. We believe that Open Payroll will power the inevitable digital transition of processes where income verification is needed.
