"The Company is also developing the algorithms to perform a credit and company search on individuals."
Verofy, previously W6 Trading House Ltd, was established in 2014 in order to develop a Business Management platform.
The director has experience in setting up businesses, in particular in an online environment, and is aware of many of the pitfalls and difficulties that arise when doing so.
To develop a financial services business platform that integrates a payments system and a banking system together into a single system, so that small businesses only have a single platform to deal with, rather than a myriad of different services.
The Company is also developing the algorithms to perform a credit and company search on individuals to allow merchants to set up and use a business current account within minutes, rather than taking over two weeks to set up.