Fintech Company myiDFi Pioneers a New Era in Digital Identities for Financial Services

 

myIDFi is a web-based tool for consumers to shop for live mortgage offers.

 

Sun Valley, Idaho, October 23rd, 2023

Leading mortgage service provider myIDFi, a mortgage fintech applications development company based in Sun
Valley, Idaho, announced today the beta launch of their new revolutionary platform, “myiDFi.”
The myIDfi platform leverages the power of distributed ledger technology to revolutionize traditional financial
services industries, offering a secure, transparent, and efficient way for consumers and financial service
providers to exchange personal private information for a financial service.

“Our goal is a universal digital financial ID, termed ‘IDFi,’ designed for any complex financial service that requires
the underwriting of a consumer’s financial history.” Stated Jeffrey Lee Nelson, CEO. “We are starting with the
mortgage industry as that is one of the most complex use cases and where we have deep domain knowledge.”
myIDFi supports a consumer-curated financial profile by placing an anonymous mortgage request on a
proprietary open and transparent marketplace for lenders and brokers to bid competitively to fulfill service
requests. The winning bidder gains access to the data and documents required to complete mortgage
processing.

“This approach is unique and ultimately pairs a single consumer with a single mortgage provider, avoiding the
traditional sale of personal information to multiple parties,” stated Scott Hahn, Chief Product Officer. “This
avoids the traditional spam marketing methods employed by the mortgage industry, protects the consumer’s
private information, and reduces the conversion costs for mortgage providers.”
The myIDfi platform leverages the power of distributed ledger technology to revolutionize traditional financial
services industries, offering a secure, transparent, and efficient way for consumers to exchange personal private
information for a financial service.

myIDFi is currently available in the state of Idaho and supports mortgage lenders as well as real estate
professionals. Inquiries to join the waiting list are encouraged to contact the company at [email protected].

About myIDFi, Inc.

myIDFi, Inc. is a leading fintech company specializing in mortgage-based distributed ledger technology. The
company is committed to revolutionizing the traditional financial services industry, and its mission is to provide
a secure, transparent, and efficient platform for securing mortgage financing in the digital age. The myIDfi
platform offers a wide range of features, including transactional structuring, open exchange marketplace, digital
competitive bidding, best execution, and smart contract capabilities. With myIDFi, users can quickly and easily
structure a mortgage transaction, request and accept competitive bids from participating lenders for optimal
rates and terms that match their circumstances, and automate mortgage transactions in a secure and
transparent environment.

For more details, visit http://jeffn39.sg-host.com/ to access and review the application.

Jeffrey Lee Nelson, CEO
myIDfi, Inc.
+1 855.720.1641
[email protected]