Q: What kinds of identification are required for signing up and why?
A photo of a government-issued ID is required for authentication because of the stringent application requirements needed to obtain this identification. The piece of ID is validated by Vesta Equity using state-of-the-art KYC/AML services and ensures that your account is protected against unauthorized access. This method of verification is common in applications involving transactions with high-value assets on the internet, particularly with financial investments and real estate.
Q: What is Passbase?
Passbase is a secure digital platform used to perform ID verification (KYC), business-to-business due diligence (KYB), and Anti-Money Laundering (AML) checks. Digital ID verification is a modern approach to KYC driven by biometric authentication. Passbase is a critical compliance tool used to protect homeowners and investors on the Vesta Property Marketplace.
Q: What is North Capital and how am I verified as an accredited investor?
North Capital Private Securities is an authorized third party used to approve accreditation status for US based investors. For more information on North Capital's accredited investor verification, please reference this webpage.