What Planky does

Planky (legal entity: Friendly Score UK Ltd.) is a UK-based open banking data intelligence provider headquartered in London, founded in 2014. The company operates an FCA-authorised (FRN: 821100, 781963), PSD2-compliant Account Information Service Provider (AISP) platform that connects to hundreds of UK and Irish banks — including Barclays, HSBC, Lloyds, Nationwide, AIB, Danske, and Bank of Ireland — through a single API integration, with an additional no-code dashboard option for non-developers. Its product suite spans core verification and data products (Account Check, Transactions, Categories, Income Check), advanced analytics (Transactional Intelligence, Affordability), automation (Decisioning Engine), and a generative AI add-on (PlankyGPT, an LLM for financial services), with an Open Banking Payments (PIS) module in development. Differentiated AI/ML capabilities — including a transaction categorisation engine claiming 95%+ accuracy across 100+ categories, pattern-recognition income verification, anomaly detection, and behavioural scoring — are described as proprietary and formed the primary rationale for BKN301 Group's acquisition of Planky in November 2025. Planky serves consumer and SME lenders, credit unions, mortgage providers, auto finance, tenant referencing, age verification, and embedded fintech customers; named logos include Fleetcor, IFS, The Co-op Credit Union, Magnitude Finance, Unity Auto Finance, Specialist Mortgage Group, and VerifyMyAge.

The business model combines platform subscription, usage-based add-ons, and individual product licences. Standard tier pricing is £250/month covering up to 455 customers with a £0.55 per-customer overage; add-ons include PlankyGPT (£0.0125 input / £0.0375 output per 1K tokens), Affordability (£50/month), and Decisioning Engine; individual products (Account Check, Transactions, Categories, Income Check) are also sold on unit-based pricing. A 14-day free trial and self-serve registration underpin product-led growth, while an enterprise direct-sales motion handles larger and regulated prospects. Leadership comprises CEO Loubna Bazine and founder/CTO Emilian Siemsia; the company was acquired by BKN301 Group in November 2025 and now operates as part of BKN301's EMEA-facing digital banking platform.

Name

Planky

Legal name

Friendly Score UK Ltd.

Website

https://planky.com

Company type

Private

Founded year

2014

Operating status

Acquired

Headcount range

11–50 employees

Short description

Planky is a London-based, FCA-authorised open banking AISP that provides AI-powered financial data intelligence — transaction data, categorisation, income verification, affordability, and an LLM add-on — via a single API to UK lenders, credit unions, and fintechs. Acquired by BKN301 Group in November 2025.

Ownership category

akta.pro rank

Product category

Open Banking Financial Data Platform

NAICS

Activities Related to Credit Intermediation (5223), Credit Bureaus (561450)

SIC

Finance Services (6199), Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Transaction Analytics & Cash-Flow Insights (risk signals, forecasting) (FSAGACAG)

akta.pro secondary industries

Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Open banking API
• Transaction categorization
• Income verification
• Affordability assessment
• Financial data analytics

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Platform Subscription: Monthly subscription model with tiered pricing. Standard package at £250/month includes up to 455 customers, with per-customer pricing beyond that threshold. Enterprise tier offers custom pricing with volume and multi-product discounts.
2. Usage-Based Add-ons: Additional products available as add-ons including PlankyGPT (token-based pricing at £0.0125 input/£0.0375 output per 1K tokens), Affordability (£50/month), and Decisioning Engine. Per-seat team pricing at £10/month per additional seat.
3. Individual Product Licenses: Individual product purchases available: Account Check (£50/month + £0.10 per check), Transactions (£50/month + £0.15 per transaction), Categories (£150/month + £0.30 per categorization), Income Check (£100/month + £0.20 per check)

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Planky sells an AI-driven open banking financial data intelligence platform delivered via a single PSD2-compliant API integration. Its modular product suite provides account ownership verification, real-time transaction retrieval, AI-powered transaction categorization, income verification, affordability assessment, behavioral scoring, and automated credit decisioning for lenders, credit unions, and fintechs. Customers access the platform through API-based developer integration or a no-code dashboard.

Product overview

Planky is an AI-driven financial data intelligence platform organized as a modular product suite. The core platform consists of eight primary products: Account Check (KYC/bank account verification), Transactions (real-time bank transaction data), Categories (AI-powered transaction classification into 100+ categories), Income Check (salary and income verification), Transactional Intelligence (behavioral scoring and financial analytics), PlankyGPT (LLM-based natural language querying of financial data), Affordability (automated affordability assessment), and Decisioning Engine (automated credit decisioning via decision trees). These are delivered via a single Open Banking API integration with PSD2-licensed bank connections, supporting both code-based API integration and a no-code dashboard solution. Add-on modules include PlankyGPT (token-based pricing) and the Decisioning Engine and Affordability add-ons. An Open Banking Payments (PIS) product is in development.

Differentiator

Problem solved

Functional benefit

Brands

• PlankyGPT: Large Language Models for Financial Services - AI-powered tool designed to enable businesses to analyze financial data using trained LLMs.

Products and services

• Account Check Automated bank account ownership verification tool that confirms customer identity and account details instantly via Open Banking, enabling KYC compliance and fraud prevention for lenders and fintechs.
• Transactions Real-time transaction data retrieval tool that extracts bank-verified transactional data directly from banks, providing standardized, manipulation-free account and balance information to lenders and fintechs.
• Categories AI-powered transaction classification tool that categorizes personal and business bank transactions into over 100 categories with 95%+ accuracy, supporting personal and business underwriting and financial reporting.
• Income Check Real-time income verification tool that confirms customers' and partners' salary and income from multiple sources (including gig workers), analyzing consistency, longevity, and regularity to assess financial credibility in seconds for lenders.
• Transactional Intelligence Advanced analytics product providing hundreds of metrics including cash flow summaries, income and expenditure analysis, recurring transaction detection, financial markers, events and alerts, and balance history and forecasting for behavioral scoring and underwriting.
• PlankyGPT Generative AI module using Large Language Models for financial services that enables natural language querying of financial data, creation of custom metrics and reports, and customer segmentation for targeted product recommendations.
• Affordability Automated affordability assessment add-on that verifies sources of income and expenses using verified bank data to calculate affordability scores and support correct loan decisions automatically.
• Decisioning Engine Automated credit decision-making module using tailor-made decision trees to access and analyze financial data, enabling consistent decisions and streamlined application processing without manual effort.
• Open Banking Payments Payment initiation service (PIS) product currently under development for handling standard and recurring payments via Open Banking.

Quantifiable outcome

• 99% reduction in fraud risk with open banking verified transactions
• +5 more outcomes

Named customers17 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability6 records

Feature6 records

Partnerships

One partnership is on record.

• BKN301coreOthers · 24 November 2025BKN301, a London-based fintech architecture provider, acquired Planky as part of its Series B extension to €33 million (including credit facility from BlackRock). The acquisition integrates Planky's AI-powered financial analytics and machine learning models into BKN301's digital banking platform, enhancing real-time insights, behavioral scoring, and predictive analytics capabilities for financial institutions across EMEA markets.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• TrueLayer: London-based open banking API provider offering account information and payment initiation services across UK and Europe. Directly comparable to Planky in product scope (account verification, transaction data, income/affordability) and customer base (lenders, fintechs).
• Tink: Visa-owned open banking platform providing account aggregation, transaction data enrichment, and risk-insights across Europe. Closely mirrors Planky's categorization, income verification and PSD2-connectivity stack, with comparable regulated AISP status.
• Yapily: UK open banking infrastructure provider offering account information and payment initiation APIs to lenders and fintechs. Overlaps directly with Planky in single-API connectivity, KYC use cases, and UK/EU bank coverage.
• Moneyhub: UK FCA-regulated open banking data, analytics and PFM platform serving financial institutions, lenders and wealth managers. Comparable data-enrichment, categorization and affordability capabilities, with similar regulatory positioning.
• Bud Financial: UK-based open banking data-aggregation and transaction-intelligence platform serving banks and lenders. Directly comparable to Planky's Transactional Intelligence and AI-categorization products, with similar affordability and credit-decisioning use cases.
• Credit Kudos: UK open-banking credit-scoring and decisioning platform (now part of Experian) focused on affordability, income verification and behavioural credit assessment. Head-to-head with Planky's Affordability and Decisioning Engine products for lender customers.
• Salt Edge: Open banking API provider with PSD2 AISP/PIS coverage across UK and Europe, focused on account aggregation and transaction categorization for fintechs and lenders. Closely comparable technical stack and customer base to Planky.
• AccountScore: UK-based open banking transaction-data analytics provider serving consumer and commercial lenders with categorization, income and affordability insights. Closely comparable niche to Planky's Transactional Intelligence and Categories products.

Broad incumbents

• Plaid: US-headquartered data-aggregation incumbent connecting thousands of apps to bank accounts, with expanding UK/EU presence. Broader portfolio than Planky but a direct competitor in the same open-banking data-intelligence category.

Emerging players

• Onfido: Global identity-verification and KYC/AML provider used by lenders and fintechs for onboarding. Adjacent to Planky's Account Check product (which verifies bank-account ownership rather than identity documents) and frequently bundled in similar underwriting workflows.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/PlankyOfficial
• Facebookfacebook.com/planky.official
• LinkedInlinkedin.com/company/planky-official

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds9 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Planky