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About Frollo

Frollo is an Australian fintech company founded in 2015 and acquired by NextGen.Net in 2020. It is recognized as a leading provider of Open Banking solutions, focusing on empowering financial institutions, brokers, and consumers through secure data-sharing tools and financial management solutions. Frollo aims to make banking more accessible, transparent, and efficient, enhancing financial outcomes for both businesses and individuals. The company offers a range of services, including Open Banking integration through APIs and SaaS platforms, which allow businesses to access consumer-permitted financial data. Frollo also provides a consumer app with budgeting tools, bill tracking, and financial wellbeing features. Additionally, it has a broker portal that helps mortgage brokers securely collect client financial data, streamlining the loan application process. Frollo utilizes AI-driven insights to analyze transaction patterns, supporting income assessments and improving financial management. The company serves various clients, including banks and lenders, and has established partnerships with organizations like Virgin Money and Volt Bank.

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