The ID Co.
The ID Co. helps businesses like lenders to onboard their customers by removing friction caused during the application process by the current challenges of risk, compliance, fraud, and regulation.
A Scotland-based, global fintech, The ID Co. has been pioneering the use of bank data and open banking since 2011. The company is an active participant in the UK Open Banking initiative and a founding member of FDATA, Innovate Finance, and Open Banking Excellence.
The ID Co.’s business service, DirectID, solves key business issues such as assessing customers’ affordability and verifying their account information, thereby offsetting credit risk. DirectID powers leading lenders such as Prosper, Marlette, Amigo, and more.
In the media
21st February 2020
Dutch investing into more UK firms than before Brexit vote: British Embassy
Christopher Dean O'Driscoll, from Edinburgh-based fintech firm DirectID, said the two main challenges resulting from Brexit concerned sales and talent acquisition. He stated, “We have seen a slowdown in terms of
20th February 2020
29 deeptech VCs in Europe you need to know Old, new, university-affiliated or corporate-backed, these are the investors who know how to evaluate and fund deeptech startups.
Notable investments : 150 companies in the portfolio in total, including Graphcore, Prowler.io, PolyAI, Improbable, Immense, FiveAI, Ravelin, ContactEngine, DirectID, BlockClaim, Congenica, Inotech, Healx, Ori Biotech, Paragraf, Riverlane, Nu Quantum; Creditas,
11th February 2020
Six use cases for Open Banking that will change how you view it
By James Varga, CEO, DirectID 11 February 2020 The last twenty-four months have seen the publication of hundreds upon hundreds of