Software platform for financial inclusion

Inbest is a modular platform available as a white-label application, widget component and partner API.

Benefits calculator

UK vulnerable households are missing over £16bn in extra income every year:

  • There are over 50 benefits and grants offered by national, regional and local authorities.
  • Many people do not apply for benefits as it is a complex process where individuals with limited financial capability have to search for financial information and fill lengthy forms.
  • Eligibility criteria depend on changing people’s circumstances and financial situation, but the system is not capable to pick-up these changes and individuals underclaim their benefits or are exposed to overclaiming liabilities.

Inbest helps unemployed individuals or those in low paid or insecure jobs to maximise and smooth their income, reduce their bills and build their financial resilience:

  • Calculates the entitlement to national, regional and local benefits in the UK.
  • Generates the forms households need for their benefits’ application.
  • Monitors households’ benefit entitlement and notifies them about any change.

Advisers platform

In the UK there are 9 million adults that live with debt-related problems and only 1 in 5 can access debt advice services. Financial advisers face several challenges to make debt advice more widely available:

  • Benefits and debt advice are complex and time-consuming processes that involve numerous players and regulations.
  • There is limited availability of benefits and debt advisers and their capacity is restricted by manual processes.
  • There is any specific digital service that identifies over-indebted individuals, provides 24/7 support and monitors households’ financial and debt situation.

Inbest helps financial advisers to automate the manual and time-consuming task of benefits and debt advice:

  • Captures customers’ circumstances, financial situation and debt situation.
  • Calculates the entitlement to national, regional and local benefits in the UK.
  • Works out whether customers are still liable for their debts and which debts should be paid back first.
  • Suggests the debt solutions that are available for each customer and automatically generates the letters for creditors.

Request a demo

Whether you want to improve your customers’ financial wellbeing or support your advisers to become community heroes, Inbest is the platform for you!