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UK, 10th February, 2025 - London-based fintech Sikoia has announced a new partnership with HomeNow, a UK property finance provider offering a clear, affordable pathway to home ownership through FCA-regulated Home Purchase Plans (HPPs).
As part of the partnership, Sikoia’s technology will be embedded directly within the HomeNow platform, automating critical verification processes and enabling a faster, more accessible, and fully compliant customer journey - helping renters turn monthly payments into a future deposit.
As part of its strategy to deliver a seamless and friction-free experience, HomeNow has selected Sikoia’s AI-powered verification platform to AI-powered verification platform to a automate document processing across income, employment, and affordability assessment, replacing manual review with real-time verification and analysis.
Alongside automated document processes, HomeNow is also accessing additional data services through the Sikoia platform, including identity verification, consumer credit reporting, and AML screening.
This approach enables HomeNow to reduce manual effort, progress applications faster, and deliver a clearer, more consistent experience for customers, while maintaining strong regulatory controls as the business scales.
Gareth Ship, COO at HomeNow, said:
“Partnering with Sikoia supports our goal of delivering a transparent and accessible route to homeownership,” said a HomeNow spokesperson.
“Automating verification and compliance checks as part of our own digital platform allows us to progress applications faster, reduce manual touchpoints, and give customers a clearer, more consistent experience as they pursue their path to ownership.”
Sikoia’s platform provides automated verification across document completeness and integrity checks, income and employment verification, and affordability assessment using bank statements and/or open banking data.
Alexis Rog, Founder and CEO of Sikoia, said:
“HomeNow is taking an automation-first approach to helping more people onto the housing ladder. We’re excited to partner with them to unify income, affordability, and compliance checks in one platform, improving the applicant experience while supporting their rapid growth.”
About Sikoia
Sikoia is a London-based fintech transforming customer verification for financial services through automation and AI. Helping financial institutions onboard customers faster by eliminating manual, document-heavy verification processes. Its solutions are built for seamless integration into existing systems via API, or for direct use through its straightforward, ready-to-use Customer Evaluation Dashboard.
Sikoia serves Fintechs and larger established institutions in more than three countries, is regulated by the Financial Conduct Authority (FCA) as an Account Information Service Provider (AISP) and Credit Reference Provider, and is backed by leading institutional investors.
About HomeNow
HomeNow makes home ownership more accessible by enabling customers to rent now and buy later through a clear, FCA-regulated pathway. Its Home Purchase Plans (HPPs) allow customers to move into their chosen home today and build equity over time, without a traditional upfront deposit.
Sikoia is embedded within the HomeNow platform, enabling prospective homeowners to securely access HomeNow’s products through robust verification and onboarding.
HomeNow is authorised and regulated by the Financial Conduct Authority (FCA) in the UK.
