LendInvest
, the London based buy to let finance and bridging finance platform, has partnered with Jumio to make applying for a loan quicker and easier.
Jumio’s biometric-based technology is integrated into LendInvest’s digital application system, which means that customers are able to confirm their identity online.
Using a smartphone, applications can simply upload a photo of their ID document and take a selfie. A residency check is also included to further speed up the process, thus saving time and effort for customers and brokers as well.
Arman Tahmessabi, Chief Operating Officer at LendInvest, said: “We’re very excited to announce this partnership with Jumio as we seek to consistently streamline our application processes.
“The last year has highlighted even more clearly how paper-based processes are no longer fit for purpose, and a digitisation of the mortgage process is the most efficient move for our brokers and borrowers.”
Dean Hickman-Smith, Chief Revenue Officer at Jumio, added: “We are delighted to be working with LendInvest to help them confidently onboard new users remotely and to reduce friction from the mortgage application process while meeting onerous KYC requirements.”
Original article featured here…