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Verifying your business
Updated over a year ago

To Verify Your Business:

Step 1: Provide Company Details and Documents:

  • Company registration number

  • Registered address of the company and principal place of business (if different)

  • Company Employee Identification Number (EIN)

  • Electronic copy of a company formation document (e.g., articles of incorporation)

Step 2: Add Executives and Owners:

  • Individuals who own 25% or more of the equity interests or voting rights (direct or indirect ownership)

  • At least one executive with significant responsibility (e.g., CEO or CFO)

  • If an owner is also an executive, add them only once

  • Required information for each person: Name, date of birth, residential address, email address, US Social Security Number (if available), role in the company (e.g., CEO, CFO), indicate if they are a beneficial owner (own 25% or more of the company)

Step 3: Review and Submit:

  • Review all entered information and documents

  • Submit the information for verification

Additional Information:

  • If no individual directly or indirectly owns 25% or more of the business, confirm that during the submission process.

  • The executive who will sign the contract to receive funding should be added.

  • If there are errors with the information provided by executives and owners, they will be contacted for verification.

For Individuals Asked to Verify Identity:

Step 1: Prepare Required Items:

  • Valid government-issued photo ID (not expired)

  • A device with a camera (preferably a mobile device for better photo quality)

Step 2: Follow the Verification Link:

  • Click the link provided in the email to start the identity verification process.

Step 3: Take Photos of Your ID:

  • You will be prompted to take photos of the front and back of your government-issued photo ID.

Step 4: Completion:

  • Once the photos are submitted, you are done.

Important Notes:

  • Wayflyer uses secure Stripe technology for identity verification.

  • Stripe asks for your consent before collecting and storing your information, which will only be used in accordance with your permissions and their Privacy Policy.

  • Ensure the image quality is good for successful verification (avoid glare, blurriness, or blocking any part of the ID document).

  • Use ambient lighting and avoid strong overhead lights or bright light sources.

  • If you encounter problems verifying your identity, contact Wayflyer's team.

  • If you require an alternative identity verification method, contact Wayflyer's team.

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