Verifiable Financial Credentials for Lending
The financial industry faces a critical privacy paradox: lenders need to verify borrower credentials while consumers demand data protection. Current solutions expose sensitive banking information, creating vulnerabilities that cost the industry $6 billion annually in document fraud. Meanwhile, 60% of consumers worry about financial data privacy, and 2.5 billion people lack access to formal financial services due to inadequate verification systems.
CredZK revolutionizes financial verification through zero-knowledge proof technology, enabling users to prove their financial standing without exposing raw banking data. Our platform generates cryptographic proofs that verify income, account balances, and transaction history while keeping sensitive information completely private on the user's device.
Core Technologies:
Zero-Knowledge Proofs: Generate verifiable credentials without data exposure
zkTLS Protocol: Secure TLS connections create real-time proofs of bank data
W3C Verifiable Credentials: Industry-standard implementation with BBS+ signatures
Multi-Chain Support: Ethereum, Polygon, and emerging L2 ecosystems
Enterprise APIs: RESTful interfaces for seamless lender integration
Key Features:
Real-time bank data verification
Privacy-preserving credential generation
Instant loan approval workflows
Fraud-resistant cryptographic proofs
Mobile-first user experience
Born during the prestigious Moca Network Identity House at ETHcc 2025 in Cannes, France, CredZK was developed over 5 intensive days of building alongside the world's top Web3 developers. The project emerged from the intersection of identity infrastructure needs and financial privacy demands in the evolving digital economy.
For Consumers:
Prove income without sharing bank statements
Maintain complete control over personal data
Access faster loan approvals
Reduce identity theft risks
For Lenders:
Instant credential verification
Reduced fraud losses
Streamlined compliance processes
Enhanced customer trust
For the Industry:
$6B+ annual fraud reduction potential
Improved financial inclusion
Regulatory compliance enhancement
Innovation in privacy-preserving finance
Our Next.js application integrates with AIR3's credential infrastructure, enabling:
Secure credential issuance
Multi-environment deployment (sandbox/production)
Real-time verification workflows
Enterprise-grade security standards
The platform leverages modern Web3 technologies while maintaining accessibility for traditional financial institutions through comprehensive API documentation and integration guides.
Lance Ennen - Founder & CEO Tech entrepreneur with 15+ years of innovation experience. Former CTO and startup co-founder with expertise in JavaScript, TypeScript, Solidity, React, and Web3 technologies. Previous experience includes launching United.com and serving as first engineer at multiple successful startups including Raise, Factor75, and Yello.
CredZK represents the future where financial inclusion meets absolute privacy. We're building toward a world where proving your financial standing doesn't require sacrificing your personal data security. Our vision extends beyond lending to encompass the entire spectrum of financial services verification needs.
Join us in revolutionizing financial privacy - one zero-knowledge proof at a time.
During the hackathon, I began by researching and validating my product concept, identifying the core problem of financial verification privacy and defining my target users as borrowers needing income verification and lenders requiring secure credential validation. I attended Moca Network technical sessions to understand identity infrastructure capabilities and optimal integration approaches for financial use cases. From there, I built a complete Next.js application that issues verifiable credentials based on bank data, allowing users to generate dynamic financial proofs without exposing raw banking information using Moca Network AirKit. Finally, I created an end-to-end demo that presents verified users with loan offers, demonstrating the complete user journey from credential creation through verification to loan approval, proving the practical value of privacy-preserving financial verification in real-world lending scenarios.
CredZK is currently unfunded and actively seeking seed investment of $500K to $1.5M to accelerate growth and market penetration. Having bootstrapped development through the successful hackathon prototype, I've proven technical feasibility and product-market fit with a working MVP that addresses the $6 billion annual fraud problem in lending while serving the 60% of consumers concerned about financial data privacy. The funding will primarily support engineering team expansion (40%), sales and business development (25%), regulatory compliance and legal framework development (20%), marketing and customer acquisition (10%), and infrastructure security audits (5%). I'm seeking strategic investors who bring fintech expertise, regulatory guidance, enterprise customer introductions, and Web3/identity infrastructure knowledge to help scale CredZK into the leading privacy-first financial verification platform while generating significant returns for early investors.