Financial services provider AperiData collaborates with Qualco UK to enhance financial health through the use of Togglit app
AperiData and Togglit Partner to Revolutionize Debt Management and Boost Financial Wellbeing
In a groundbreaking move, UK-based data analytics company AperiData has formed a strategic partnership with Qualco UK's Togglit app. This collaboration aims to empower consumers by providing them with better tools to manage their debts and financial obligations.
Togglit, an alternative to traditional debt collection agencies, focuses on debt management solutions, while AperiData specializes in advanced data analytics. The partnership integrates AperiData’s data analytics capabilities into the Togglit app, offering users more personalized insights and actionable information regarding their financial status.
With this integration, Togglit's Budgeting feature has been enhanced to ensure every financial plan is informed by accurate and current data. The self-service customer portal is also enhanced by AperiData's real-time data insights, enabling informed affordability assessments and personalized repayment plans.
Individuals can use Togglit's self-service portal to manage their debt with tools like 'Budget Planner' and 'Instalment Plans'. The platform allows customers facing financial challenges to manage their outstanding balances at a pace that suits their individual circumstances.
James Goddard, director of product at Togglit, Qualco UK, expressed his enthusiasm about the partnership, stating, "The Togglit platform allows customers facing financial challenges to manage their outstanding balances at a pace that suits their individual circumstances."
AperiData and Qualco, along with their respective platforms, are organisations that believe in innovation and delivering better consumer outcomes. Both parties share a common goal of creating a more supportive, inclusive, and consumer-first financial ecosystem. By blending ethical technology with real-time data, they are paving the way for a more transparent and empowering financial landscape.
In a post on LinkedIn, AperiData expressed pride in their collaboration with Qualco and the Togglit platform, considering them an organisation that shares their beliefs. The post does not contain any advertisements.
This partnership combines Open Banking insights and ethical collections technology to transform debt management, promoting fairness and minimizing the potential for additional hardship. By leveraging data-driven insights, the partnership improves financial transparency and empowers users to make informed decisions, ultimately leading to improved financial health and reduced financial stress.
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