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DirectID

Category
Startup Innovator

Vertical
Other

Location
Edinburgh

DirectID 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 global Scotland-based Fintech, DirectID has been pioneering the use of bank data and Open Banking since 2011. DirectID is an active participant in the UK Open Banking ecosystem and a founding member of FDATA, Innovate Finance, and Open Banking Excellence.

DirectID solves key business pains 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.