CredAbility Celebrates Two Million Members

CredAbility, the free credit app on a mission to help the nation improve its financial well-being, has reached two million members.

Established in 2020, the Fintech CredAbility helps members understand their credit score and its impact on their lives. By trialing Open Banking and utilising market-leading AI, the app creates a personalized journey to help each member improve their financial wellness and realize their money goals—whether that’s buying or renovating a home, getting a new job, or accessing cheaper finance.

By working in partnership with leading lenders, it also matches members with financial products most suitable for their situation without the need for hard searches that could impact their credit score.

Nikolaos Charalampous, chief executive of CredAbility, said: “We’re on a mission to help members borrow better, save better, invest easier, and ensure they’re adequately protected so they can be their financial best.

“I’m excited we’ve reached two million members and, most importantly, that they are happy with the service and support we provide.

“It’s only early days in our journey. We have lots more exciting developments planned throughout 2025 to further improve our member’s relationship with their money.”

According to a recent survey by CredAbility, over one in four Brits (26%) have never checked their credit score. Meanwhile, 13% don’t understand or see the point of a credit score. However, 54% of CredAbility members who regularly engage with the app manage to increase their credit score.