Business Daily Media

The Times Real Estate

.

CredShare signs MOU with world leading digital identity company, Yoti


Australian reg-tech start up, Credshare (credshare.com) today announced the signing of a Memorandum of Understanding (MOU) with UK based Yoti (yoti.com). The two companies will collaborate globally in the delivery of commercial and technical solutions for verifying digital identity and credentials.

CredShare provides a single hub that allows employees and contractors to simultaneously connect, manage and share their credential data with multiple businesses.

CredShare Managing Director and CEO, Andrew McMillan, said:

We are delighted to work with Yoti, global leaders in digital, reusable proof of identity.

Recent significant cyber security breaches have clearly shown we are in a personal information management crisis. Together, our solutions give users more control and privacy over their personal data and credentials, greatly reducing the risk of identity theft.

CredShare has developed its unique credentials exchange to provide cost effective checking and monitoring of credentials data. With Yoti’s expertise in identity verification, we can offer an easy to use, secure identity and credential management and exchange solution that individuals and organisations can trust.

Robin Tombs, CEO of Yoti said:

We are excited to work with CredShare who share our commitment to giving individuals greater control over their personal data. With our technology, CredShare can speed up and simplify identity verification for users, enhance the customer experience, and improve the accuracy of identity checks.”

Credshare is undertaking a $2m private placement capital raise through Bell Potter to commercialise its credentials management services in the target markets of Property Services, Healthcare and Hospitality. The raise opened on 15 November and is expected to close in early December.

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Sell by LayBy