This startup operates a tenant screening platform that automates property transactions by utilizing photo ID verification, anti-money laundering checks, soft credit assessments, and open banking APIs to evaluate affordability and proof of funds. The platform enhances the rental process by providing convenient viewing slots for renters while minimizing transaction risks for landlords, agents, and mortgage brokers.
Funding
$3.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Regulated industries in the UK face increasing complexity and time-consuming processes related to client onboarding, identity verification, AML compliance, and secure payment processing. Existing solutions often lack seamless integration, require significant technical resources, and fail to provide a unified experience for both businesses and their clients.
Solution
Checkboard offers an all-in-one platform designed to streamline client onboarding, compliance, and payment processes for regulated industries in the UK. The platform combines electronic and biometric ID verification, AML checks, credit data, open banking APIs, and payment processing into a single, intuitive workflow. Checkboard enables businesses to customize client journeys, automate compliance tasks, securely process payments up to £1M, and integrate with existing CRM and CMS systems. By unifying these critical functions, Checkboard reduces administrative overhead, accelerates deal closing times, and enhances the overall client experience.
Target Audience
Checkboard primarily serves regulated industries in the UK, including law firms, estate agents, residential conveyancers, automotive dealerships, letting agents, accounting firms, and auction houses.
Features
- Customizable client onboarding workflows tailored to specific industry requirements
- Electronic and biometric ID verification compliant with HM Land Registry digital identity standards
- Automated AML and KYC checks, including PEP and sanctions screening
- Open Banking integration for proof of funds verification and transaction history analysis
- Secure payment processing supporting card payments, Apple Pay, Google Pay, and Open Banking with no funds held
- Integrated e-signature platform for secure document signing
- Real-time reporting and customizable dashboards for tracking progress and compliance metrics
- Seamless API integration with leading CRM and CMS systems
- Mobile app for clients to complete verification and payment workflows
- ISO/IEC 27001:2022 certified information security management system