The ID Co.: Received $2m seed funding

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The ID Co.: Received $2m seed funding from Amadeus Capital Partners, SixThirty and other investors

  • The ID Co. helps businesses such as lenders to onboard their customers more efficiently
  • Technology removes the friction caused during application processes by the current challenges of risk, fraud, compliance, and regulation
  • recently launched two innovative products, DirectID Insights and Income Verification, based on Open Banking
  • The ID Co.’s mission is to make bank data readily available to any business so that it can revolutionise its offering
  • DirectID Insights the first online decisioning tool for use by underwriters, fraud analysts and Credit Risk Officers that requires absolutely no integration
  • The ID Co.’s Income Verification solution utilises six unique algorithms to give a sound basis for assessing a loan application