During the application we require you to temporarily connect your bank account with iPera. This is provided through Open Banking, a government initiative originating in Europe that is designed to increase competition and encourage new services like iPera. It is specifically designed so that you allow us to view your bank statements whilst ensuring we cannot see your bank login details.
iPera only gets read-only access to your bank account, we cannot change/control anything or make payments. Once the application is complete, we are disconnected. We only need to see your statements to make a lending decision, not to arrange repayments. You are in control.