Verituity
Mclean, US · Founded 2020 · Delaware corporation · 27 employees on LinkedIn · 5 known investors
Verituity provides a payouts platform that delivers verified, on-time payments with payment choice for businesses and their payees, aiming to reduce payout complexity, risk, and cost. It operates in the fintech and payments space.
Also known as Verituity Inc.
Founders & leadership
Verituity was founded in 2020 by Benjamin Turner.
Board
Investors · 5
Also in the syndicate · 1
Reported raises · per SEC filings
Form D private placements$29.8M disclosed across 2 of 3 rounds · 2021–2024
▶$19.8MraisedFeb 2025 · 8 investors · Other TechnologyRule 506(b)
- Donald DixonDirector
- Brian MurrowDirector
- Alex HartDirector
- Philip BronnerDirector
- Benjamin TurnerExecutive Officer, Director
- Chris ZockDirector
- Offering amount
- $23.8M
- Amount sold
- $19.8M
- First sale
- Apr 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$10MraisedMay 2021 · 3 investors · Other TechnologyRule 506(b)
- Benjamin TurnerExecutive Officer, Director
- Alex HartDirector
- Philip BronnerDirector
- Donald DixonDirector
- Offering amount
- $10M
- Amount sold
- $10M
- First sale
- Mar 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Verituity operates a business disbursements platform built around what it calls Zero Trust Payout Verification and "intelligent payment choice." The platform verifies payer, payee, payment account and transaction data so that payments are directed to the correct payee and account, and orchestrates payout instructions and processing according to each payer's business rules. Payees are engaged through branded web and mobile experiences and can select among payment methods including ACH, wire, Zelle, RTP, push-to-debit, virtual card and check.
The platform is organized around three functions: Verify (payee and payment account verification, fraud and error reduction, PII/PCI and security compliance), Payout (dynamic policy automation, payout instruction and processing, cross-border capability), and Engage (branded payee experiences and payment method choice). Verituity markets the system to banks as a way to add verified payout services for corporate treasury clients, and to insurers and other payout-dependent businesses as a route away from check-based disbursement toward digital payments. The company states support for pay-by-anything experiences in more than 140 countries, bank-grade cloud hosting, ISO 20022-related payment orchestration, multi-tier hierarchy configuration by use case, brand or line of business, and low-code adaptors and open APIs for implementation.
Business model
Verituity sells its cloud payouts platform to banks and enterprises, which embed verified disbursement and payment-choice capabilities into their own client-facing and treasury operations, including as a white-label offering for commercial banks and through embedding into partners' software such as mortgage servicing systems.
Traction
The CEO has stated that Verituity orchestrates billions of dollars in verified B2B and B2C payouts. Published customer examples include a large bank, a large insurance company and a global digital entertainment company that replaced a legacy digital wallet solution with failure rates above 30%.
Latest developments
In October 2025 Verituity announced a partnership with Sagent to embed its cloud payouts platform into mortgage servicing solutions. In March 2026 it announced confidence-based Payment Method Verification at the point of payout, and in April 2026 CEO Ben Turner discussed the company's use of AI to reduce payments fraud and errors in an interview with FinAI News.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Verituity describes itself as a provider of intelligent, verified payouts solutions serving banks and insurers; it was included in Datos Insights' Fintech 50 report on vendors supporting top trends in commercial banking and payments in 2025.
Verituity positions its Zero Trust Payout Verification as embedding verification of payer, payee, account and transaction into every disbursement, combined with payee-selected payment method choice and turnkey, IT-agnostic deployment that connects legacy treasury systems to digital payment rails.
Technology
The platform applies machine learning and artificial intelligence models underpinning Zero Trust Payout Verification and intelligent payments, automating verification across the transaction flow, orchestrating verification specific to payer and payee identity, modality and chosen payment method, and providing verified real-time payment status. It runs on a bank-grade cloud with adaptive controls for data compliance and payment rules, ISO 20022-aligned smart payment orchestration, and low-code adaptors and open APIs. A confidence-based Payment Method Verification capability at the point of payout was added in 2026.
Go-to-market
The company sells directly to banks and enterprises and also distributes through partnerships that embed its platform in third-party rails and software, including Mastercard Move for white-label bank disbursements and remittances and Sagent for mortgage servicing payments. Its site offers a "Verituity Value Assessment" as a lead-generation entry point.
Banks, insurers, consumer goods providers, entertainment companies, mortgage servicers and other payout-dependent businesses making B2B and B2C disbursements such as insurance claims, agent and broker payments, rebates, loyalty rewards, loan disbursements and cross-border payments.
Geography
Headquartered in McLean, Virginia, with an additional office in Atlanta, Georgia; the platform supports pay-by-anything payout experiences in over 140 countries, including cross-border payments.
History
Ben Turner is identified as founder and CEO of Verituity. The company is headquartered in McLean, Virginia, with an additional office in Atlanta, Georgia. In June 2024 it closed an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital, announced alongside a partnership with Mastercard Move. Subsequent milestones include inclusion in Datos Insights' Fintech 50 report in August 2025, a mortgage servicing partnership with Sagent in October 2025, and an expansion of its verification framework with confidence-based Payment Method Verification in March 2026.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 3
by search overlap
Companies competing with Verituity for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 5
launches, deals, and filingsExpansion of Verituity's verification framework to help organizations assess risk at the point of payout.
Strategic partnership to embed Verituity's cloud-based payouts platform into Sagent's mortgage servicing solutions, moving servicers from check-based systems to modern payment rails.
Included in The Fintech 50: Vendors Supporting the Top Trends in Commercial Banking and Payments report.
Round to accelerate growth in banking and insurance and expansion into mortgage servicing and energy, and to fund machine learning and AI development behind Zero Trust Payout Verification. Chris Zock of Sandbox Industries joined the board.
$18.8M source ↗
White-label solution for commercial banks and payers to modernize disbursements and remittances with verified, near real-time payments.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- Verituityverituity.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Verituity do?
- Verituity runs a verified digital payouts platform that lets banks and enterprises pay verified payees by their chosen method.
- Who founded Verituity?
- Verituity was founded by Benjamin Turner in 2020.
- Who are Verituity's investors?
- Verituity's investors include Ardent Venture, ForgePoint Capital, MTECH CAPITAL, Sandbox Industries.
- How much funding has Verituity raised?
- Verituity has disclosed $29.8M raised across 2 of its 3 known rounds.
- Where is Verituity headquartered?
- Verituity is headquartered in Mclean, US.