Digital Banking > Best API
Passport (by Parallel Markets) is the first portable identity for accredited investors that can be used anywhere online. Accredit once, use everywhere.
Equity crowdfunding sites, plus other platforms that work with accredited investors, currently need to subject investors to a lengthy and arduous on-boarding process that involves uploading a variety of documents to confirm their accredited status.
With Passport, investors can go through the verification process just one time. After that, when they’re looking to invest through a platform that uses Passport, they can simply click a button to give Passport permission to share their information. The Passport login button integrates seamlessly with any existing flow using standard OAuth 2. Just like logging in with Facebook or LinkedIn - investors can now do so with Passport and immediately verify their accreditation status with just one click.
Passports marketplace of Accredited investors gives those looking to raise capital the access top tier, active investors - all with the most streamlined, efficient and affordable solution for verification.
Passport is already capturing 3x as many investors current accreditation solutions and reduces investment time from days to minutes.