Frequently Asked Questions:

Raistone’s Online Credit Application with Codat Integration

Raistone is committed to making the online application process fast, simple and secure. We have partnered with Codat, the leading integrator to banks and financial accounting software, to ensure a best-in-class experience. No more downloading and emailing several months of bank statements and years of financial statements for underwriting.


Below are some frequently asked questions about the process.

Are bank account and accounting system credentials saved or stored by Codat?

No. Through the Codat platform you will log in directly to your bank or accounting software portal. As part of this process, you are authorizing Codat and Raistone access for a read-only view of data. Codat is not storing any credentials. Codat exchanges anonymous tokens to keep the process extremely secure.

Is the process to pull my bank and accounting data secure?

Yes, Raistone has partnered with Codat, the leading integration aggregator, to access your data securely and automatically for underwriting. Codat takes security and compliance seriously. Codat works and has been approved by most tier 1 financial institutions like AMEX, HSBC, PayPal, Silicon Valley Bank, Experian, etc.

Codat has undergone rigorous Pen Testing and received the following certifications: 

  • System and Organization Controls (SOC) Type 2 
  • The General Data Protection Regulation (EU) (GDPR) 
  • International Organization for Standardization (ISO) 27001

Can any of the data in my bank or accounting software be updated or edited through this process?

Codat’s access is ‘View only’. Codat and Raistone DO NOT have permission/acesss to change accounting data.

Which accounting systems can be automatically accessed through the platform?

  • Oracle NetSuite
  • QuickBooks Desktop
  • QuickBooks Online (QBO)
  • Sage Business Cloud Accounting
  • Sage Intacct
  • Xero
  • Clear Books
  • FreeAgent
  • FreshBooks
  • KashFlow

Raistone is working with Codat to add additional accounting systems. If your accounting system is not listed, please email us at

I have an additional question that is not addressed here.

Raistone is here to help answer any questions that you might have.  Please email any questions to: