About Pinwheel
Pinwheel is a financial software platform from Pinwheel that provides income verification solutions. It includes features such as direct deposit data access, payroll data aggregation, and real-time income insights so users can make informed financial decisions. This platform is designed for both individuals and businesses needing to verify income for loans, rental applications, or credit assessments. Pinwheel also supports a variety of integrations with banking and financial services, allowing users to access crucial data easily. Key capabilities: income verification payroll data access direct deposit insights real-time reporting API integrations Best for: lenders and financial institutions that need reliable income verification for decision-making.
Pinwheel offers a payroll connectivity API that accelerates customer onboarding and strengthens primary relationships for financial institutions like banks, lenders, and credit unions. Core products such as PreMatch and Deposit Switch streamline activation, with PreMatch delivering twice the conversion rate of previous solutions and Deposit Switch achieving 30% more deposit switches while accurately detecting recurring bills. The platform is designed for rapid deployment with no-code Pinwheel Link SDKs for iOS, Android, and JavaScript, allowing integration into existing apps or websites in days with minimal engineering resources. Its modular interface ensures a seamless user experience across devices while reducing development costs and time-to-market. Beyond activation, Pinwheel’s Connected Accounts and Verify products provide real-time insights into employment, income, deposits, and external accounts, enabling richer customer profiling, improved credit risk assessment, and personalized financial products to increase lifetime value. Pricing is not publicly listed; interested institutions must contact Pinwheel directly for tailored quotes based on their deployment needs and chosen products.
Pros & Cons
- +Significantly improves direct deposit onboarding conversion rates compared to previous generation solutions.
- +Eliminates the need for users to enter payroll credentials, reducing friction and potential user drop-off.
- +Provides deep insights into customer financial data including income, employment, and external accounts.
- +Accelerates onboarding for banks and fintechs with fast, modular API and SDK integration.
- +Automates recurring bill switching, saving customers time and improving financial management.
- −Requires financial institutions to adapt internal systems to leverage API-driven flows.
- −Some features such as Connected Accounts rely on user consent and external data availability, which may vary.
- −May not support all smaller payroll providers immediately, limiting coverage for niche clients.
- −Dependent on external payroll provider uptime and reliability, which can affect data access.
- −Compliance monitoring is vendor-handled; institutions must still ensure regulatory adherence on their end.
Features
Key features
- Credential-less direct deposit switch
- Allows users to switch their direct deposit without entering payroll credentials, streamlining onboarding.
- Instant payroll record identification
- Matches a user’s payroll record automatically for faster activation and fewer errors.
- Modular API and SDK support
- Offers iOS, Android, and JavaScript SDKs for seamless integration across mobile and web platforms.
- Connected Accounts insights
- Provides real-time visibility into a user’s external income, employment, and account allocations.
- Bill switching automation
- Identifies recurring bills and enables automatic switching of payment methods to optimize cash flow.
- Income and employment verification
- Confirms a user’s income and employment instantly for faster lending and onboarding decisions.
- Compliance and security
- Ensures adherence to financial industry standards while maintaining secure connections to payroll providers.
Additional features
- Credential-less Deposit Switch (PreMatch)
- Switches direct deposits without requiring user credentials.
- Deposit Switch
- Standard module for directing deposits to target accounts.
- Bill Switch / Bill Manager
- Identifies recurring bills and facilitates automatic switching of payment methods.
- Income & Employment Verification (Verify)
- Confirms employment and income for onboarding or lending purposes.
- Taxes module
- Enables tax data import and verification to support financial workflows.
- Connected Accounts
- Monitors external accounts, payroll allocations, and banking activity in real-time.
- API & SDKs
- Provides iOS, Android, and JavaScript SDKs for integration into apps and web platforms.
- Modular UI/SDK
- Drop-in UI components for quick deployment without deep engineering work.
- Recurring data access
- Allows continuous access to payroll and employment data for ongoing insights.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Pinwheel
Pinwheel is a financial software platform from Pinwheel that provides income verification solutions. It includes features such as direct deposit data access, payroll data aggregation, and real-time income insights so users can make informed financial decisions. This platform is designed for both individuals and businesses needing to verify income for loans, rental applications, or credit assessments. Pinwheel also supports a variety of integrations with banking and financial services, allowing users to access crucial data easily. Key capabilities: income verification payroll data access direct deposit insights real-time reporting API integrations Best for: lenders and financial institutions that need reliable income verification for decision-making.
Pinwheel Details
Pinwheel's In-App Market Place
Does Pinwheel have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CNY (¥), CHF (Fr), SEK (kr), NZD (NZ$), KRW (₩), HKD (HK$), NOK (kr), SGD (S$), MXN (Mex$), INR (₹), BRL (R$), RUB (₽), ZAR (R)
Pros & Cons
- Significantly improves direct deposit onboarding conversion rates compared to previous generation solutions.
- Eliminates the need for users to enter payroll credentials, reducing friction and potential user drop-off.
- Provides deep insights into customer financial data including income, employment, and external accounts.
- Accelerates onboarding for banks and fintechs with fast, modular API and SDK integration.
- Automates recurring bill switching, saving customers time and improving financial management.
- Requires financial institutions to adapt internal systems to leverage API-driven flows.
- Some features such as Connected Accounts rely on user consent and external data availability, which may vary.
- May not support all smaller payroll providers immediately, limiting coverage for niche clients.
- Dependent on external payroll provider uptime and reliability, which can affect data access.
- Compliance monitoring is vendor-handled; institutions must still ensure regulatory adherence on their end.
Pinwheel's Support Options
Email Address
hello@getpinwheel.comPinwheel's Alternatives
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