A portable financial identity for the next billion global movers.

Problem: every border resets your financial life

Hundreds of millions of people who move countries become “credit invisible”, despite years of responsible financial behavior.

• No portable credit or savings history when crossing borders.
• Months of friction to access bank accounts, cards, and basic credit in a new market.
• Banks and card issuers treat strong customers as “high risk” because local files are thin or empty.
• Recurring lost LTV as good customers are mispriced or fully excluded.

Why now: rails, regulation, and demand align

• Regulatory tailwinds: open banking, digital identity, and regional trade blocs are enabling compliant data portability.
• Market pressure: card networks and banks must onboard “new-to-country” customers digitally and profitably.
• Data exists, but is fragmented: banks, mobile money, gig platforms, and insurers all hold different pieces of the puzzle.
• Technology is ready: modern ML can underwrite using multi-source behavioral data at scale.

Solution: PASSID, a portable financial identity layer

PASSID turns fragmented financial behavior into a single, portable identity and risk profile that travels with the user.

• Verify once: robust KYC and device checks create a trusted base identity.
• Connect sources: link bank accounts, mobile money, remittances, insurance, and gig platforms.
• Standardize trust: convert raw data into a PASSID Score and explainable risk profile.
• Consent-based sharing: users decide which institutions see which data, and when.

How it works: from user to underwriting decision

1. User onboarding: user creates a PASSID, passes KYC, and links financial accounts.
2. Data aggregation: PASSID ingests normalized transaction and behavioral data from multiple sources.
3. Scoring & insights: models generate a PASSID Score plus risk, affordability, and stability insights.
4. API delivery: partner banks/fintechs call PASSID’s API to power onboarding and underwriting decisions.

Designed as an API-first infrastructure layer that plugs into existing banking and card rails.

Early traction (pre-launch)

• Waitlist live with early sign-ups across multiple regions.
• Active conversations with banks and fintechs around pilots and data-sharing.
• Strong inbound interest from “new-to-country” and cross-border use cases.

Why PASSID wins

• Regulatory-first design: architecture aligned with KYC, AML, and data protection requirements from day one.
• Multi-source data moat: combining banking, mobile money, gig, and insurance data – not just bureau files.
• User-centric model: portable identity the user owns, not a black box controlled by a single institution.
• Network effects: more partners → more data → better models → more demand from partners.

Funding & use of proceeds

PASSID is raising a $750K pre-seed to build core infrastructure and prove out initial corridors with real pilots.

• Product & engineering (40%): $300K
• Team & hiring (30%): $225K
• Pilots & partnerships (20%): $150K
• Operations & compliance (10%): $75K

Pre-seed goals (12–18 months)

• • Ship production-ready PASSID identity & scoring rails.
• • Run and evaluate pilots with institutions in priority corridors.
• • Demonstrate data performance and unit economics for “new-to-country” segments.

Roadmap