Inverite Announces Agreement with Ownly to Support Digital Income Verification and Affordability Assessment for Homebuyers

Executive Summary

• Inverite Insights Inc. announced a partnership with Ownly Limited, whereby Ownly will integrate Inverite’s Instant Bank Verification (IBV) technology to automate income verification and affordability assessments for homebuyers.
• The integration aims to streamline the qualification process for builders and buyers, reduce manual documentation, and enhance fraud prevention within Ownly’s digital home‑buying platform.
• Both companies highlighted the growing demand for real‑time financial data in digital onboarding workflows across the housing sector.

Key Details

• Partnership Scope: Ownly will use Inverite’s IBV technology to securely connect prospective homebuyers’ bank accounts, enabling real‑time analysis of income, cash flow, and financial obligations.
• Benefits Expected: Faster affordability assessments, reduced reliance on manual paperwork, improved onboarding efficiency for builders and buyers, and enhanced fraud detection.
• Technology Highlights: Inverite’s platform provides real‑time validation of account ownership, identification of income patterns, and generation of affordability insights.
• Quotes:
• “As the homebuying experience continues to move toward digital‑first workflows, access to accurate and real‑time financial data becomes increasingly important,” said Karim Nanji, CEO of Inverite.
• “Inverite’s financial data and verification technology enables us to provide faster and more reliable affordability insights for both builders and buyers,” said Ray Yip, CTO of Ownly Limited.
• Strategic Rationale: The agreement reflects increasing demand for automated financial verification in digital real‑estate platforms, positioning both companies to capture market share in the evolving home‑buying ecosystem.

Notable Quotes

• “We are pleased to support Ownly as they enhance their platform with secure income verification and affordability insights that help builders and homebuyers move through the qualification process more efficiently.” – Karim Nanji, CEO, Inverite Insights Inc.
• “This integration supports our goal of simplifying the homebuying process while maintaining a secure and seamless user experience.” – Ray Yip, CTO, Ownly Limited.