Why we ask you to link your bank account

Our partners need to review your bank statements to verify your grant applications. Traditionally the grants teams would have asked you to send them bank statements, but we have created Lightning to take the hassle out of this process.

How does it work?

We have linked into open banking so that we can provide the grants teams with read only access to your transaction information. This does not provide any more information than would be included in a bank statement, but it allows much faster processing of your application.

Plaid is the technology provider that Lightning works with to allow the platform to securely connect to your bank. The company is regulated by the Financial Conduct Authority (Firm Reference Number: 804718). They are a trusted partner to companies ranging from popular financial technology applications to Fortune 500 companies and major banks. 

Is it secure?

We take security and privacy very seriously at Lightning and our connection to your account is purely read only. We cannot see your login/password information or access your bank account. We only share this financial data with the charity that is processing your application for the purposes of reviewing your application.