Identity Verification

When co-founder Sunil Madhu immigrated to the states after many years in the UK and Europe, he was struck by how hard it was to get approved for basic things without an established credit history. It was as if he didn’t exist without a credit file. And he wasn’t alone.

Sunil joined the millions of people in the US who are “credit invisible,” which includes immigrants new to the country, anybody who’s ever had their identity stolen, the unbanked who may have little to no credit history, and millennials who got a late start.

As a millennial, Johnny Ayers was familiar with the unique challenges of a generation that entered the workforce during an economic crisis. Many were saddled with student loan debt and delaying the markers that once signified adulthood - like mortgages or cars.

Johnny and Sunil crossed paths at General Assembly, where they began bouncing ideas about how to solve a problem that impacts millions of people. The problem of access begins with identity. How can you verify people with no record?