CertifID focuses on preventing wire fraud in real estate transactions by providing a digital platform that ensures secure fund transfers. The platform validates the identities of all parties involved in a transaction and securely shares wiring information, which helps reduce the risk of fraud and makes operations smoother for real estate professionals. Unlike its competitors, CertifID emphasizes user-friendliness and easy integration into existing workflows, allowing clients to regain confidence in their transactions. The company's goal is to protect all parties in real estate deals from wire fraud, ensuring that their funds are safe and secure.

Arthur Ventures

Wakestream Ventures

Fintech

Real Estate

CertifID

CertifID, a leader in wire fraud protection for the real estate industry, announced Tuesday that it has acquired Paymints.io, a solution that enables

CertifID Acquires Paymints.io

Wire fraud protection firm CertifID has acquired digital money transfer firm Paymints.io, according an announcement on Tuesday.

CertifID acquires digital payment platform Paymints.io

Why KHS Title Company partner with CertifID
CertifID is the nation's leading wire fraud prevention solution.

KHS Partners with CertifID to Aid in Wire Safety

AUSTIN, Texas  TAMPA, Fla.--(BUSINESS WIRE)--CertifID, a leading wire fraud protection company, today announced a new strategic agreement with Old Republic Title to prevent mortgage payoff fraud in the title industry. Fraud has become an increasing source of loss in the real estate sector, reaching $446M in a recent FBI public service announcement. About 17% of title companies have sent money to an incorrect account due to fraud, and 49% of those organizations have done so more than once, according to a study by the American Land Title Association (ALTA). Additionally, less than half of title companies have adopted the industry best practice to use a wire verification service. Mortgage payoffs have become the largest source of loss for title and real estate law firms, due to their large transaction size at $247K in median loss, a complex lender landscape and lack of consistent use of technology. The new package offered by Old Republic Title and CertifID is designed to address this significant source of loss risk

Old Republic Title And Certifid Sign Agreement To Combat Mortgage Payoff Fraud

CIBC Innovation Banking announced today that it has provided growth financing for wire fraud protection company CertifID, which will use the financing

CIBC Innovation Banking Provides Growth Capital Financing to CertifID

CertifID, a Grand Rapids, MI-based fraud protection company, received financing from CIBC Innovation Banking.

CertifID Receives Growth Financing from CIBC Innovation Banking

AUSTIN, Texas--(BUSINESS WIRE)--Services financiers Innovation CIBC a annoncé aujourd’hui qu’ils ont fourni du capital de croissance à l’entreprise de protection contre la fraude par virement télégraphique CertifID, qui utilisera le financement pour élargir davantage son portefeuille de services de prévention de la fraude par virement télégraphique. S’appuyant sur son portefeuille de logiciels de protection, d’assurance et de services de recouvrement, CertifID a pour mission d’aider à mettre fin à la fraude par virement télégraphique et à protéger l’argent de ses clients. « Services financiers Innovation CIBC est un partenaire de confiance de CertifID dans notre parcours visant à protéger plus de clients contre la fraude par virement télégraphique », a déclaré Tyler Adams, chef de la direction de CertifID. « Compte tenu de ses antécédents éprouvés en matière de soutien aux entreprises technologiques en démarrage, nous avons hâte d’élargir nos activités aux côtés de Services financiers Innovation CIBC. »

Services Financiers Innovation Cibc Fournit Du Capital De Croissance À Certifid

Founded by David Zamarin in 2013, DetraPel has now raised a total of $14.0M in total equity funding and is backed by Boro Capital, Fitz Gate Ventures, Icebook Investments, INX International Ink, Material Impact, and Touchdown Ventures.

The Weekly Notable Startup Funding Report: 9/18/23

CertifID, a leading wire fraud protection company, today announced $20M in new funding. CertifID’s Series B raise was led by Arthur Ventures, which al

CertifID Secures $20M in Series B Funding to Protect Real Estate Industry from Fraud

Wire fraud prevention company CertifID has raised $20 million in a Series B funding round. The financing, announced Tuesday (Sept. 12), will help the Texas-based firm develop fraud prevention products for the real estate industry, which is facing a sharp uptick in fraud. “Despite the cyclical nature of the housing market, fraud against real estate transactions has grown exponentially,” CerfifID said in a news release. “The FBI reports that the real estate sector experienced a 72% surge in business email compromise (one of the most common tactics used in wire fraud) from 2020 to 2022.”

Certifid Raises $20 Million To Combat Real Estate Wire Fraud

Prevents wire fraud in real estate transactions

CertifID

Prevents wire fraud in real estate transactions

CertifID

Prevents wire fraud in real estate transactions

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