Knot Launches TransactionLink™ - Unlock SKU-level transaction data instantly

Log in

Get Started

Products

Explore the easy buttons connecting your users to merchants.

Switch saved payment methods on behalf of your users

Unlock perfect SKU-level details instantly

Update cardholder information in seconds


Embed agentic shopping experiences into your app

Use Cases

Knot is purpose-built for leading financial institutions and merchants.

Make switching to your bank easy, and be the go-to card everywhere

Bundle Knot with your core banking as a service products

Prevent declined payments when people switch banks

Getting Started

See the status of our platform and uptime. 

Developers

See the status of our platform and uptime

Customers

Pricing

Careers

<h3>How Fizz uses Knot&#8217;s CardSwitcher to elevate student banking</h3>
<p>Fizz a fintech company that aims to help students build their credit with the security of a debit card, partnered with Knot to overcome the challenges of instantly bringing cards to top-of-wallet status on merchant platforms. With Knot’s CardSwitcher <span style="font-weight: 400;">product, 62% of Fizz users initiated transactions within the first four days, outperforming the industry average of 10 days. Users switching cards through Knot also exhibited a 20% increase in monthly spend. This collaboration not only improved end-user experiences but also boosted Fizz&#8217;s top-line revenue.</span></p>
<h3>Challenge</h3>
<p>Fizz needed a solution that allowed their users to add their new Fizz card as the default cardon merchants’ platforms with ease.</p>
<h3>Solution:</h3>
<p>Knot partnered with Fizz to instantly bring their users’ new cards to default status on various merchant platforms, decreasing the time it takes for users to make their first transaction with their new cards.</p>
<h3>The Journey</h3>
<h4>Company Overview</h4>
<p>Motivated by their own experiences of being denied credit cards due to their international student status, co-Founders Carlo Kobe and Scott Smith dove into creating a solution for a pain point that affects an astounding 90% of 18 to 20-year olds who lack a credit history.</p>
<p>To address this gap, they built Fizz, a financial solution that seeks to be an ally to young adults who lack a credit history. Their approach seamlessly combines the activity of credit-building with the debit card experience, eliminating the need for credit checks and guaranteeing immediate approval for new applicants.</p>
<p>In addition, Fizz’s in-app features like SafeFreeze &amp; Daily Autopay provide a safeguard against overspending and the risk of debt accumulation, providing their users peace of mind while building their credit effectively.</p>
<h3>The Pain Point</h3>
<p>Fizz&#8217;s student-friendly solution resonated deeply with its target audience from day one, shown by a surge in sign-ups on their launch day. However, it was important for Fizz to build an experience that saw its users promptly activating their cards after signing up and making it their primary spending tool.</p>
<p>These challenges persisted because their users, who often relied on traditional debit cards for daily activities, already had their existing cards linked to their favorite merchants, such as Amazon, Spotify, and Netflix.</p>
<p>Recognizing the difficulties of facing this challenge alone, Fizz turned to Knot’s CardSwitcher™ to help address this issue.</p>
<h3>The Solution</h3>
<p>Fizz chose to integrate with Knot’s CardSwitcher™ product. With Knot, Fizz cardholders gained the ability to add their Fizz Card to their frequently used merchants in seconds, streamlining a process that would otherwise have taken upwards of ten minutes.</p>


Carlo Kobe

<h3>Improved End User Experience</h3>
<p>Fizz partners with an extensive range of popular college-friendly merchants, making its comprehensive Cash Back Rewards program appealing for new users.</p>
<p>These users are typically eager to start capitalizing on these rewards, but they face a significant cognitive hurdle—replacing their existing card with their new Fizz Card on merchants that they already shop with is a tedious process that often involves over 25 manual steps.</p>
<p>By reducing this process to seconds, Knot has helped Fizz in increasing cardholder transaction volume, cultivating a positive in-app user experience and sustaining cardholder loyalty.</p>
<h3>Better Top Line Revenue</h3>
<p>Knot slashed the time to first transaction to just 4 days from the industry norm of 10, accelerating revenue generation and setting a new benchmark for cardholder efficiency.</p>
<p>Furthermore, users who leverage Knot to switch their cards experience a 20% increase in monthly spend on their newly issued card compared to those who do not, contributing to a meaningful boost in interchange revenue for Fizz.</p>
<p>Ultimately, Fizz cardholders who use Knot to replace their cards (that generally yield no tangible benefits) on merchants’ platforms can maximize the advantages offered by their Fizz cards in a faster manner than their counterparts who don’t.</p>
<h3>The Future of the Partnership</h3>
<p>Having been awarded one of the “Best Credit Builder” solutions by Business Insider in 2023, Fizz is committed to continue building out products that better serve the oft-overlooked “credit invisible” segment of college students in the United States. Knot continues to support Fizz in prioritizing this mission while reducing the time until first spend, increasing transaction volume, and adding $16+ to Fizz’s ARPU.</p>
<h3>Call to Action</h3>
<p>Knot’s CardSwitcher<span style="font-weight: 400;">TM</span><span style="font-weight: 400;"> product gives card issuers the power to instantly update their customers’ card information and subscriptions at almost any merchant. With just a few lines of code, issuers can reach top-of-wallet status and grow their customer spend. Today, KnotAPI is the #1 Card on File Switcher by merchants supported, with hundreds of merchants supported today and more being added to the list daily.</span></p>


Fizz is the best option for college students looking to build their credit and earn rewards without the hassle of applying for and managing a student credit card. Fizz has no interest rates or hidden fees, and they don't check your credit.


CardSwitcher™

TransactionLink™

AccountUpdater™

AgenticShopping™

Fizz

Read more

Get Started

Connect your product to merchants today