Datakeeper, digital wallet app that boosts the real estate sector for KYC procedures and mortgage applications, is to break away from its parent company, Rabobank.
The privatisation signals the growth and standardisation of Datakeeper since being launched in 2017 as a privacy-minding wallet solution to share mortgage applications with sellers, estate agents and other parties. The Rabobank powered start-up is built on a set of KYC and credentialing procedures to securely verify the identities of all parties involved in mortgage applications.
Taking to LinkedIn, Marnix van den Bent, Co-Founder and CTO of Datakeeper announced: “I am thrilled… that the Rabobank spin-off Datakeeper Nederland now continues as a separate company! As CTO I will continue to deliver top-notch tech that exceeds our scaling ambitions”.
Whether applying for a mortgage or renting a car, the Datakeeper app ensures the applicant’s personal details and financial information is protected through a self-sovereign data exchange.
Separating the two company’s operations will allow other organisations to support its development to standardise transactions made through the wallet application.
In a secured verifiable transaction, the verifier receives “all the data he wants about a client in the best way that’s possible – structured, semantic and signed”.
As well as prioritising a decentralised solution, where Datakeeper cannot access any of the applicant’s data, privacy means enabling the customer can have selective disclosure of their private information which the company takes extremely seriously.
Datakeeper promises that the customer does not “have to share a whole document containing for example their social security number” for third-parties to trust the “correctness and actuality” of data shared to them.
“The privatisation of Datakeeper will allow us to focus on our core banking services while granting Datakeeper the autonomy it needs for specialized growth and innovation”. – John Doe, CEO of Rabobank.
“Rabobank aims to unlock new market opportunities, attract strategic investors, and foster dedicated innovation in the data management sector”.
(1) The launch of Datakeeper | LinkedIn
