No. We never see or store your online-banking password. Open Banking is designed precisely so that you log in at your own bank, not with us — you approve a read-only connection on your bank's own secure page, and only the transaction data you authorise is shared.
Where your login stays
When you connect, you are handed to your bank's secure login or app to approve the request, then handed back. Your credentials go to your bank, as they always do — never through us. What comes back is a read-only feed of transactions, nothing more. The step is walked through in how the open banking connection works when i apply.
The feed can read history; it cannot move money or change anything. And you can withdraw the permission through your bank at any time — how long does the open banking connection stay active.
Regulated by design
Open Banking is a regulated framework built on exactly this principle — see what Open Banking is and whether it is safe. How we handle the data once shared is in is my data safe when i apply, and your right to a copy in how do i get a copy of my data.
Apply — your banking password never touches us.
We lend only to UK limited companies and LLPs, the loan is to the company with no director personal guarantee, and this is business finance outside the consumer-credit regime — as an exempt lender under Article 60B of the Regulated Activities Order we sit outside FCA consumer-credit regulation, so the Financial Ombudsman Service and FSCS do not apply.
See also: What Open Banking is and whether it is safe?, How does the Open Banking connection actually work when I apply?, Is my data safe when i apply.