
About company
The ID Co., builds products based on (open) bank data that help businesses onboard their customers quickly. DirectID, their business service, helps businesses like lenders to create exceptional customer experiences by removing friction caused during the application process by the current challenges of risk, compliance, fraud, and regulation. The products They provide solve business pains such as assessing customers' affordability and verifying their account information, thereby offsetting credit risk. The platform currently connects to 5,500 banks in 30 countries and will soon support Open Banking in the UK. They presently have more than 30 customers on the platform and have just launched with Clydesdale, a leading UK retail bank, to provide bank data as part of their mobile app experience. The business is authorised by the FCA to provide AISP (Account Information Service Provider) services to the UK market.