What Verifier Pty Ltd does

Verifier Australia Pty Ltd is a Melbourne-based RegTech company founded in 2015 that operates a consent-driven data-sharing platform for income verification and financial-wellbeing assessment, primarily serving lenders, financial institutions, and superannuation funds in Australia and New Zealand. The company offers two core products on top of the underlying Verifier Connect platform: Proof of Income, a 100% digital income and employment verification service delivered via a single API and accessible through instant browser, batch, or full API integration; and MoneyPulse, a five-minute financial wellbeing survey developed in academic partnership with the Melbourne Institute that produces a 0-100 score and aggregated portfolio analytics. The platform relies on CDR-accredited data collection through Basiq's CDR Connect and Amazon Web Services infrastructure, applying the proprietary Verifier Connect Rules Engine to deliver consistent cross-source insights without screen-scraping or credential disclosure.

The company monetises through a hybrid model combining usage-based per-verification fees for Proof of Income and subscription or dashboard access for MoneyPulse, sold via enterprise field sales and direct API integration with multi-year contracts; pricing is not publicly disclosed and customers must request a demo. Verifier holds meaningful regulatory and compliance credentials, including CDR Accredited Data Recipient status (provider 000287 on the CDR register), ISO 27001 certification, and Australian Privacy Principle 12 alignment with GDPR positioning, and has positioned itself within Australian fintech policy circles as a founding member of the RegTech Association, with the CEO serving as a founding director.

The company's operating footprint remains concentrated in Australia and New Zealand, and its publicly disclosed footprint is thin: six named executives, one named enterprise customer (Latitude Financial Services), no disclosed funding history, and no disclosed total headcount or revenue. The combination of regulatory accreditation, academic partnership, and policy-influence posture shapes its identity, but operational scale evidence is limited, leaving revenue trajectory and customer concentration opaque.

Name

Verifier Pty Ltd

Legal name

Verifier Australia Pty Ltd

Website

https://verifier.me

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Verifier Australia Pty Ltd is a Melbourne-based RegTech operating a CDR-accredited, consent-driven data-sharing platform that delivers digital income verification (Proof of Income) and a financial wellbeing survey (MoneyPulse) to lenders, financial institutions, and superannuation funds across Australia and New Zealand.

Ownership category

akta.pro rank

Product category

Income Verification and RegTech Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Finance Services (6199), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Income & Employment Verification (VOI/VOE, payroll-linked data) (FSAGACAE)

akta.pro secondary industries

Credit & Underwriting Data Services (alt data feeds, affordability, bureau augmentation) (FSAGACAH), Customer Permissioning & Consent Management (OAuth, scopes, revocation) (FSAGACAC)

Keywords

• Income verification
• Open banking APIs
• Consent data sharing
• Financial wellbeing assessment
• RegTech platform

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Proof of Income API/Platform: Income verification services delivered via API to lenders and financial institutions. Revenue appears to be usage-based or per-verification transaction model, based on deployment via instant browser, batch, or API options.
2. MoneyPulse Subscription: Financial wellbeing assessment service offered to lenders, super funds, and consumer-facing providers. Deployed through business processes and dashboard access.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Verifier operates a consent-driven data sharing platform that delivers 100% digital Proof of Income verification to lenders, financial institutions, and superannuation funds in Australia and New Zealand. The platform uses a single API (with instant browser or batch deployment options) to replace manual payslip collection and screen-scraping, drawing on Consumer Data Right (CDR) banking data and third-party datasets through its Verifier Connect Rules Engine. The MoneyPulse add-on offers a 5-minute financial wellbeing survey producing a 0-100 score, developed in partnership with the Melbourne Institute.

Product overview

Verifier is a RegTech company offering a consent-driven data sharing platform with two core products: Proof of Income and MoneyPulse, both powered by the Verifier Connect platform. Proof of Income provides frictionless digital income verification using CDR and third-party data sources, replacing traditional payslip collection with instant API-based processing. MoneyPulse is a financial wellbeing survey tool developed with the University of Melbourne that delivers individual scoring and aggregated portfolio insights. Both products share a privacy-by-design architecture, operate via a single API, and are targeted at lenders, financial service providers, and super funds in Australia and New Zealand.

Differentiator

Problem solved

Functional benefit

Brands

• Proof of Income: Digital income verification service that enables consumers to verify their income for loan applications without screen-scraping or sharing passwords.
• MoneyPulse
• Verifier Connect
• CDR Connect

Products and services

• Proof of Income A consent-driven digital income and employment verification service that collects payroll, superannuation, and bank transaction data via Australia's Consumer Data Right (CDR) to verify applicant income, replacing payslip collection and screen-scraping with a single API, batch, or instant browser deployment. Sold to lenders and financial institutions in Australia and New Zealand.
• MoneyPulse A 5-minute financial wellbeing survey developed with the Melbourne Institute that calculates a 0-100 financial wellbeing score, providing instant feedback and tailored support resources. Delivered both as individual scoring and aggregated portfolio analytics to lenders, super funds, and consumer-facing providers.
• Verifier Connect The underlying consent-driven data sharing platform that powers Verifier's products, providing a Rules Engine for consistent insights across multiple data sources (including CDR and third-party datasets), with deployment via instant browser, batch processing, or API integration.

Quantifiable outcome

• Fewer dropouts - addresses 30% industry average dropout rate
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Basiq Pty LtdcoreTechnology or IntegrationAustralian-based trusted third party service provider used for CDR Connect platform to collect CDR banking data and enrich it. Basiq is accredited under CDR law and has access to CDR banking data collected for Verifier. Basiq uses third party service provider Basiq.io DOO (based in Serbia) for technical support services.
• Amazon Web ServicescoreTechnology or IntegrationAWS is used to host Verifier's infrastructure and platform. AWS is not accredited under CDR law and does not have access to CDR banking or energy data.
• Melbourne Institute: Applied Economic & Social Research, University of MelbournecoreStrategic or Co-development PartnerAcademic partnership to create a financial wellbeing index score tailored to financial products. Verifier works with Melbourne Institute on ongoing basis to ensure survey methodology is robust and to continuously evaluate and fine tune MoneyPulse survey.
• RegTech AssociationflagshipStrategic or Co-development PartnerVerifier is a founding member of the RegTech Association. CEO Lisa Schutz is one of the founding directors. Collaborative participation in policy submissions and industry development.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Basiq: Australian CDR-accredited data aggregation platform. Comparable because Basiq operates the same CDR data collection infrastructure Verifier depends on and serves Australian fintechs and lenders with similar API-first data access products.
• Illion: Major Australian credit bureau and data analytics provider. Comparable because illion offers consumer and commercial credit reporting, alternative data, and decisioning tools to the same lender and financial services customer base as Verifier.
• Moneysoft: Australian fintech providing cash flow and income analysis for lenders. Comparable because Moneysoft delivers bank transaction data analytics (similar to Verifier's CDR-driven insights) for credit decisioning in the ANZ market.
• Credit Simple: Australian consumer credit reporting and monitoring service. Comparable because Credit Simple operates in the Australian credit information space and serves both consumers and lenders, though focused more on consumer-facing credit reports.

Broad incumbents

• Equifax Australia: Global credit bureau with substantial Australian operations. Comparable because it provides credit reporting, identity verification, and alternative data feeds used by the same lenders Verifier serves, though as part of a much broader bureau portfolio.
• Experian Australia: Global credit information group operating in Australia. Comparable because Experian supplies credit reports, affordability data, and decisioning analytics to Australian lenders, overlapping with Verifier's income and financial wellbeing insights.
• Plaid: Global financial data aggregation platform. Comparable because Plaid offers bank account connectivity and data APIs used for income and cash-flow verification by lenders, though it is much larger and primarily US-focused.
• Yodlee (Envestnet): Large-scale financial data aggregation and analytics platform. Comparable because Yodlee powers bank data connectivity and cash-flow/income analytics used in lender workflows globally, directly competing in the data layer Verifier sits on.

Emerging players

• Provenir: Risk analytics and decisioning platform used by lenders and fintechs. Comparable because Provenir aggregates alternative data and AI-driven insights for credit underwriting, intersecting with Verifier's income verification and financial wellbeing scoring use cases.
• Hazel: Australian CDR-based consumer lending and data platform. Comparable because Hazel leverages CDR data for lending decisions, overlapping with Verifier's CDR-driven income and financial wellbeing insights for the ANZ lender market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/verifierme

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verifier Pty Ltd