Konfir is a platform that provides instant employment and income verifications for UK-based workers by utilizing direct APIs to access data from HMRC, Payroll, and Open Banking. This technology reduces verification processing time from days to minutes, eliminates up to 90% of manual tasks, and enhances data accuracy to combat fraud.
Funding
$4.7M 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
Traditional employment and income verification processes in the UK are slow, often taking days or weeks, and involve significant manual effort, leading to increased operational costs and potential for fraud. These methods rely on outdated communication channels like email and phone calls, creating inefficiencies and security risks.
Solution
Konfir offers a platform for instant employment and income verifications in the UK, leveraging direct APIs to access data from HMRC, Payroll, and Open Banking sources. This technology significantly reduces verification processing time to minutes, automating up to 90% of manual tasks and enhancing data accuracy. By providing compliant access to authoritative data sources and industry-first fraud check tools, Konfir enables businesses to streamline verifications, protect consumer data, and make informed decisions. The platform offers a comprehensive view of income and up to 6 years of employment history, accelerating verification and risk assessment processes.
Target Audience
Konfir primarily serves background screening providers, recruiters, employers, tenant referencing providers, and financial services companies in the UK seeking to automate and accelerate their employment and income verification processes.
Features
- Direct API integrations with HMRC, Payroll, and Open Banking for real-time data access.
- Automated data analysis and report generation via a web-based console.
- Compliant data access adhering to GDPR, ICO, and ISO 27001 standards.
- UK Digital Identity & Attribute Trust Framework (UKDIATF) certification as an Attribute Service Provider for Employment, Income, & Gap Verification.
- Fraud detection tools to identify discrepancies and prevent fraudulent activities.
- Configurable platform adaptable to various industries, including background screening, recruitment, tenant referencing, and financial services.
- Options for verification via Konsole, API, or bulk file upload.