Single accreditation means a fintech is assessed once, against a standard the whole network recognizes, and that result applies across every bank and aggregator it connects to. Per-institution vetting means the fintech goes through a separate due diligence process, from scratch, for every new relationship – with no shared reference point between them.
The practical difference
- Single accreditation: One application, one standard, one outcome – portable across every institution and aggregator in the network.
- Per-institution vetting: A separate assessment for each relationship, repeating the same underlying questions with no result carried over from the last one.
For a fintech building multiple aggregator or bank relationships, Invela's accreditation replaces repeated cost and delay with one process that only has to happen once.
About Invela
Invela is the infrastructure layer that makes open finance trustworthy – accrediting who's in the network, monitoring risk in real time, and ensuring liability lands in the right place.
