Translate bank transactions into meaningful data
Bank data is the immutable source of truth for a business. We parse bank transaction data either from PDF bank statements or aggregators like Plaid. Leveraging our proprietary ML models, we extract key information from the transactions and categorise them into your desired output
We work with all types of business lenders
Our customers use our products to increase revenue, speed and profitability
- Revenue boost
- 50%
- Underwriting speed
- 25x
- Credit limits
- 10x
Use cases
Business Lending
- Pre-qualify and underwrite companies faster and more accurately using our dashboard. Calculate cashflow-based metrics and identify risk flags. Monitor portfolio performance on an ongoing basis. Learn more →
Beautiful Transaction Feed
- Instead of displaying back messy transaction data, delight your customers with clean merchant names, icons and URLs so they can easily identify their spend.
Business Analytics
- Provide financial insights to your business customers. Help your users with revenue and runway calculations, spend by category and a cash-based P&L. Book demo →
Merchant Rules
- Use our lightning-fast merchant detection to allow customers to lock cards to specific merchants with >99% recall and precision. Simplify your customers accounting/ERP reconciliation. Book demo →
What our customers say
“Anyone financing businesses knows that bank data is the immutable source of truth for a businesses’ financial health, it’s just really messy. Heron is best-in-class at making sense of that data. Building the tech ourselves instead of partnering with Heron would have been like hosting our own servers rather than using a Cloud provider. As soon as we tested the product, we knew it was a no brainer.”
“Working with Heron has been a hugely successful partnership for us at Torpago. We’ve been able to process applications more efficiently, reducing underwriting turnaround time by 96%, and improved our cash coverage ratio for customers by up to 10x.”
“I could go as far as saying that we almost wouldn’t be able to properly underwrite without Heron Data, or at the very least not do it in an effective manner. We would need to internally build a transactions tagging and aggregator tool, which would take us months and require us to hire data scientists, credit experts and developers”
“Since we started using Heron, our underwriters can re-construct an applicant's financials from bank data in minutes. It's transformed how much we can rely on bank data in underwriting.”
“I built a classification system for consumer transactions at a previous company - I know how hard it is. What the Heron team have built is truly exceptional. The accuracy for business transactions is best-in-class and they have literally saved us years of Data Science and Engineering effort.”
Build with confidence
Use our output to make critical decisions and power features. We built all the tools to give you access to, control over and trust in the data.
Secure API
- We are SOC 2 Type 2 certified. Data is encrypted in-transit and at-rest and we follow strict security processes.
Guaranteed Uptime
- We provide uptime and performance-based SLAs to ensure we provide what we promise.
Easy Integration
- We maintain clear API Docs and provide sample SDKs for integration.
State-of-the-art ML Models
- Our highly skilled ML Team builds and trains cutting-edge and custom-built models.
Automated Feedback
- We re-train our models frequently to guarantee we provide an always-improving service.
Personalized Support
- Responsive and direct customer support via Slack or Email.