Propp vs Artorius Advance

Propp is a secure app that allows you to safely send and receive documents and personal information. You can send and receive encrypted messages, photos, videos and files to us throughout your finance application with the confidence that your data is protected. The Propp app also makes electronic identification quick, easy and secure by using facial recognition and the secure upload of legal identity documents. Using our app is particularly beneficial to our clients who submit multiple applications as you won’t need to undertake identity verification every time, taking some of the legwork out of your finance applications.

Artorius Advance, powered by Firenze, is a Lombard Lending solution for wealth managers and their clients to access a revolving line of credit against their existing investment portfolio. The app is used as a communication tool to apply for the credit and verify with their wealth manager the value of the portfolio. Clients are able to go through the credit application process end-to-end, including ID verification and KYC/AML processes, and receive a decision on their credit line quickly. All information shared through the app is encrypted and secure. Clients may be required to identify themselves and provide documentation to Firenze to complete the credit application process. This could include being asked to scan an identity document, undertake a facial recognition check and provide evidence relating to their investment portfolio.