GLEIF and Finbridge Global Announce Collaboration to Streamline Identity Verification Across the Fintech Ecosystem
Simplifying Cross-Border Onboarding and Enhancing Trust with the Legal Entity Identifier
The Global Legal Entity Identifier Foundation (GLEIF) and Finbridge Global have collaborated to streamline the identity verification of fintech providers. Finbridge Global, a platform that allows financial institutions and investors to search and assess fintech companies worldwide at the product level, will introduce the Legal Entity Identifier (LEI) system to verify the identities of fintechs listed on its platform. This collaboration aims to enhance transparency, security, and accountability in the global financial services ecosystem. Additionally, through a partnership with LEI Worldwide, Finbridge Global will provide and manage LEIs for fintech companies on its platform, simplifying the due diligence process for investors and financial institutions.