We’re thrilled to announce the revamped version of our onboarding flow, now simplified and more intuitive, ensuring a faster and smoother journey to get your credit assessment or access counterparty credit information.
In this article, we’ll walk you through the new onboarding journey covering the following stages:
- Request Access
- Create your Account
- Setup your Account
- Create your Profile
- Complete KYC (Know-Your-Customer)
Request Access
The Request Access page has been redesigned to effectively categorize our audience into Borrowers, Lenders, and Partners:
- Borrowers: Complete a technology-driven credit assessments, helping you manage existing counterparties and access a wider network of lenders.
- Lenders: Streamline your credit risk management and access Credit Reports alongside pre-vetted deal flow.
- Partners: Distribute Credit Reports on your platform, helping attract capital allocators.
Create Your Account
Once Credora’s team approves your access, you will receive an email with a link to create your account and start the onboarding process.
Setup Your Account
On your first login, a brief video tutorial will introduce you to Credora’s features.
Create Your Profile
Following the video you’ll be prompted to create your User Profile. It serves as a virtual business card that can be viewed by other counterparties on the platform, allowing you to build appropriate relationships.
Complete KYC (Know-Your-Customer)
After completing your User Profile, you’ll proceed with the Know Your Customer (KYC) process. This step is required to verify your onboarding entity and ensure compliance with regulations. It includes three key sections:
- Questions: Fill in general information about your onboarding entity (registered address, country of incorporation, etc).
- Documents: Submit specific documents (proof of address, certificate of business registration, etc).
- Shares Registry: Provide a detailed record of your company’s share ownership: UBOs (United Beneficial Owners) greater than 25%, Directors, and Authorized Signatories.
NEW: You now have the ability to invite Collaborators to join the account setup and assist your company at any stage in the onboarding process.
Our team will review your completed KYC submission within 3 business days. Following approval, your account will be verified.
What Next?
- Borrowers: Upload financial information and connect accounts to initiate the streamlined Credit Assessment process, resulting in your distributable Credit Report.
- Lenders: Explore a wide range of verified borrowers, simplify your credit analysis and confidently allocate capital.
To learn more about Credora and our mission to build confidence in credit markets, please visit our website at credora.io, or connect with us on LinkedIn and Twitter.
