Founded in 2021 by former Clearscore employees Tim Chong, Theso Jivajirajah and Harry Jell, Yonder says it aims to help its customers build their relationship with credit – as long as they live in London and are prepared to pay £15 a month as a membership fee. If you use it correctly and you keep on top of monthly repayments, you could also earn rewards while you spend. The London-based fintech firm believes that the traditional (and potentially outdated) methods of checking customers’ eligibility for credit cards can marginlise those who are trying to iron out a patchy credit history. After running an initial soft credit check, Yonder uses Yaplily’s open banking to assess your real-time spending data and provide you with an appropriate credit limit suited to you and not what is written on a credit report.