The Closing School
Payscore Inc. is a Seattle-based fintech providing automated income, employment, and identity verification for property managers and lenders, connecting to 20,000+ financial institutions and integrating natively with Yardi, Realpage, Entrata, and AppFolio.
- Company typePrivate
- Founded2019
- HeadquartersSeattle, United States
- Headcount—
- GTM typeB2B
- OfferingSoftware
What The Closing School does
Payscore Inc. is a Seattle-based fintech company that provides an automated income, employment, and identity verification platform primarily serving property managers and lenders. Founded in 2019, the platform connects applicants' bank or payroll systems directly to deliver verified income data, and the company states a coverage footprint of over 20,000 financial institutions representing 99% of North American banks, plus direct data access to payment apps such as Venmo, Square, and PayPal. When direct bank connections are unavailable, the platform falls back to AI-powered document verification, and it separately offers an identity verification module that supports more than 10,000 government-issued IDs from over 200 countries with live selfie and biometric comparison returning pass/fail results in under 60 seconds.
The core product is organized into three components: the unified Payscore Platform, the Income and Employment Verification module (advertised with a 100% bank-verified report delivery rate), and the AI-powered Identity Verification module. Native integrations with the four dominant property management systems — Yardi, Realpage, Entrata, and AppFolio — automate applicant invite sending and report uploads inside the operator's existing workflow. Data in transit is protected by 256-bit encryption with applicant consent and limited-use information controls, and a public API with developer documentation is offered at docs.payscore.com.
Revenue is generated through subscription or usage-based pricing for verification reports, sold primarily to enterprise and mid-market property management and lending customers via a sales-led go-to-market (Calendly-booked demos and direct outreach) supplemented by a self-serve free trial. The customer base spans three declared verticals — market-rate housing (primary), affordable housing, and vehicle lending — and includes enterprise logos such as Greystar, NOAH Property Management, Asset Living, RAM Partners, Mack Real Estate, Alliance Residential, and Sunrise Senior Living, with disclosed outcomes including a 41% reduction in evictions for NOAH and a doubling of occupancy via faster application processing for Greystar.
The Closing School firmographics
Firmographics- Name
- The Closing School
- Legal name
- Payscore Inc.
- Website
- https://theclosingdocs.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Short description
- Payscore Inc. is a Seattle-based fintech providing automated income, employment, and identity verification for property managers and lenders, connecting to 20,000+ financial institutions and integrating natively with Yardi, Realpage, Entrata, and AppFolio.
- Ownership category
- akta.pro rank
The Closing School industry classification
Industry- Product category
- Tenant Screening Software
- NAICS
- Credit Bureaus (56145), Credit Bureaus (561450)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320)
- akta.pro primary industry
- Income & Employment Verification (VOI/VOE, payroll-linked data) (FSAGACAE)
- akta.pro secondary industry
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
Keywords
Where The Closing School is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Markets served
The Closing School business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Income Verification Services: Subscription or usage-based pricing for income and employment verification reports delivered to property managers and lenders
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Trial Available |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
The Closing School product offering
Product offeringCore offering
Payscore sells an automated income, employment, and identity verification platform that connects applicants' bank and payroll systems to deliver verified income reports for property managers, affordable housing providers, and vehicle lenders. The platform combines bank/payroll data connections with AI-powered document and biometric ID verification (10,000+ government IDs from 200+ countries) and embeds directly into property management systems such as Yardi, Realpage, Entrata, and Appfolio.
Product overview
Payscore offers a unified income and identity verification platform primarily serving property managers and lenders. The core Payscore Platform connects to over 20,000 financial institutions and integrates with major property management systems (Yardi, Realpage, Entrata, AppFolio). The platform consists of two main feature modules: Income and Employment Verification (delivering 100% bank-verified reports) and Identity Verification (AI-powered document and biometric validation). The platform uses bank and payroll data connections as its primary verification method with AI-powered document verification as a backup.
Differentiator
Problem solved
Functional benefit
Products and services
- Payscore Platform Automated income and employment verification platform for property managers and lenders. Connects to bank accounts and payroll systems to deliver verified income reports with fraud-resistant verification, and integrates natively with major property management systems.
- Income and Employment Verification Verification solution that connects applicants' bank or payroll systems to deliver 100% bank-verified income reports, eliminating the need for manual pay stub uploads. Used by property managers and lenders for tenant screening and underwriting.
- Identity Verification AI-powered ID verification supporting 10,000+ government IDs from 200+ countries, with live selfie and biometric comparison for real-time identity validation and pass/fail results in under 60 seconds.
Quantifiable outcome
- NOAH Property Management cut evictions by 41%
- +2 more outcomes
Companies that use The Closing School
Customer profileNamed customers30 records
Segments3 records
Ideal customer profiles3 records
The Closing School technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability4 records
Feature5 records
The Closing School partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- YardicoreNative integration with Yardi property management system for automatic invite sending and report uploads
- RealpagecoreNative integration with Realpage property management system for seamless workflow
- EntratacoreNative integration with Entrata property management platform
- AppfoliocoreNative integration with Appfolio property management system
- North American Financial Institutions NetworkcoreNetwork of 20,000+ financial institutions covering 99% of North American banks, plus pay cards and apps (Venmo, Square, PayPal)
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
The Closing School competitors and assessment
Company assessmentEmerging players
- Checkr: Checkr is a background check platform increasingly expanding into income and identity verification for gig economy and rental use cases. It competes with Payscore for tenant and gig worker screening buyers, though its primary focus has historically been criminal and motor vehicle records.
- Zest (Checkr Income): Zest (formerly part of Credit Karma and now operating as Checkr's income verification arm) provides income and employment verification for lenders and tenant screening, with overlap in property manager workflows and a comparable product positioning to Payscore.
Broad incumbents
- The Work Number (Equifax): Equifax's The Work Number is the dominant commercial VOI/VOE database, widely used by mortgage lenders, property managers, and screening providers. It is the incumbent Payscore most directly competes against in employment data verification, with a much larger historical dataset.
- Experian Connect: Experian offers credit and income verification services that compete with Payscore's screening and lending verification use cases. As a major credit bureau, it brings scale, regulatory infrastructure, and existing lender relationships that set the competitive ceiling for newer entrants.
- TransUnion SmartMove: TransUnion SmartMove is a tenant screening service that bundles credit, background, and income verification for landlords and property managers. It overlaps directly with Payscore's property manager use case and benefits from TransUnion's credit bureau scale.
- Yodlee (Envestnet): Yodlee is a long-standing financial data aggregation platform that powers bank account data for lenders, fintechs, and verification providers. It supplies underlying connectivity similar to Plaid and overlaps with Payscore's bank-data verification pipeline.
- Plaid: Plaid is the underlying bank connectivity provider for many fintech apps, including income verification products. It is both a potential partner/enabler for Payscore's bank connections and a competitor if Plaid expands higher up the verification stack.
Direct peers
- Pinwheel: Pinwheel offers payroll-linked income verification and switching data APIs used by lenders, neobanks, and tenant screening platforms. It targets the same bank/payroll data verification workflow that Payscore delivers, with overlap in fintech and proptech buyer segments.
- Truework: Truework is a direct competitor offering income and employment verification APIs targeting mortgage lenders, property managers, and tenant screening use cases. It mirrors Payscore's bank/payroll data verification approach and shares the same buyer personas in property management and lending.
- Argyle: Argyle provides real-time income and employment data via direct payroll provider connections, targeting tenant screening, lending, and gig economy verification. It competes directly with Payscore's payroll-linked verification approach for the same property manager and lender customers.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
The Closing School social profiles
Digital presenceThe Closing School compliance and trust
Trust signalCompliance1 record
The Closing School financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Closing School leadership team
Management profileNumber of profiles
The Closing School funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Closing School M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Closing School
What does The Closing School do?
Payscore sells an automated income, employment, and identity verification platform that connects applicants' bank and payroll systems to deliver verified income reports for property managers, affordable housing providers, and vehicle lenders. The platform combines bank/payroll data connections with AI-powered document and biometric ID verification (10,000+ government IDs from 200+ countries) and embeds directly into property management systems such as Yardi, Realpage, Entrata, and Appfolio.
Is The Closing School a public or private company?
The Closing School is a private company. It is classified as unknown and is currently operating.
When was The Closing School founded?
The Closing School was founded in 2019.
Where is The Closing School based?
The Closing School is headquartered in Seattle, United States, in the North America region.
How does The Closing School make money?
One revenue line is on record: income Verification Services.
Who are The Closing School's main competitors?
Emerging players on record are Checkr and Zest (Checkr Income). Broad incumbents are The Work Number (Equifax), Experian Connect, TransUnion SmartMove, Yodlee (Envestnet) and Plaid. Direct peers are Pinwheel, Truework and Argyle.
Does The Closing School have an API?
Yes. Payscore offers API documentation for developers to access income and employment verification services. The API enables programmatic access to verification reports, identity verification, and data connectivity features. Developer documentation is at docs.payscore.com.
What industry is The Closing School in?
The Closing School's product category is Tenant Screening Software. Its primary akta.pro industry code is FSAGACAE, Income & Employment Verification (VOI/VOE, payroll-linked data), with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 56145 and its SIC code is 7320.