Individuals new to the UK or with limited credit history often struggle to establish creditworthiness, hindering their access to essential financial products like credit cards and loans. Traditional credit scoring systems in the UK do not adequately account for international credit history or alternative data sources, leaving newcomers at a disadvantage.

Pillar provides a mobile application and credit card designed to help individuals build and monitor their credit scores in the UK, regardless of their previous credit history. The platform leverages international credit data and Open Banking to assess creditworthiness and offer tailored credit card options. Users can track their credit scores within the app and receive personalized tips on how to improve their creditworthiness. Pillar's credit cards are designed for internationals and "credit invisibles," offering limits up to £10,000 and no overseas or ATM fees.

Mobile application for building and monitoring credit scores in the UK

Credit cards designed for individuals with limited or no UK credit history

Open Banking integration to assess creditworthiness using alternative data sources

Consideration of international credit history for newcomers to the UK

In-app credit score tracking and personalized tips for improvement

Credit limits up to £10,000

No overseas & ATM fees

Option to connect bank accounts to identify rent payments and build credit scores

The primary target audience includes individuals new to the UK, immigrants, expats, and those with limited or no established credit history in the UK.