Open Banking is Live

Open Banking: Manage Your Cashflow in Real Time

Dental groups and practice owners all share the same problem: your bank data lives behind a login that has nothing to do with the rest of your business. Checking balances means switching apps. Understanding cashflow means downloading statements and manually matching numbers to what's coming through the door. It's slow, fragmented, and makes it harder to make confident financial decisions.

Today, that changes.

The Feature is Live

Medfin now connects directly to your bank accounts via Open Banking. Once connected, your transactions, balances, and cashflow data flow automatically into the platform — updated daily, categorised, and sitting right alongside your practice production, Xero data, and membership plans.

No CSVs. No manual reconciliation. No more jumping between your banking app and a spreadsheet.

What You Can Now See in Medfin

Once your accounts are connected, here's what you'll have access to inside the platform:

• Total balances across all connected accounts, updated automatically
• A full transaction feed you can search, filter, and categorise
• Money in vs money out, tracked across every account
• Net cashflow changes compared to previous periods
• A visual breakdown of cashflow trends over time, so you can spot issues before they hit

This is data that previously meant logging into your bank, downloading a file, and trying to piece things together manually. Now it's part of your financial picture inside Medfin — connected to everything else that matters.

Why This Matters

Cashflow is the lifeblood of any dental practice. But most groups are still managing it reactively — checking bank balances when something feels off, rather than proactively tracking where money is flowing.

Medfin is built to be the financial intelligence layer across your dental business. Open Banking is a major step towards that — bringing your bank data into the same place as your production, accounting, and membership plan data. The more that flows into the platform, the clearer and more complete the picture gets.

Is It Secure?

Open Banking uses secure, read-only access to your accounts. Medfin can see your balances and transactions, but can never move money, make payments, or access card details. It's the same technology used by major accounting and fintech platforms across the UK, regulated by the FCA.

Who Can Access It

Open Banking is available now to all Medfin customers with a UK business bank account.

Already a Medfin customer? Head into the platform and connect your accounts from the Trasactions page. If you need a hand, reach out to us directly.

Not using Medfin yet? We'd love to show you what your practice finances look like when everything's in one place. Book a demo by clicking here and we'll walk you through it.

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