FlexPath DXP, a fintech company focused on transforming credit prequalification for dealers and lenders, is advancing the nationwide rollout of its VeriQual solution following a fully subscribed funding round and key executive appointments.
The company aims to scale its presence across the automotive, RV, and powersports industries.
The investment round was backed by a strategic franchise dealer group, providing the financial support to expand go-to-market operations for VeriQual, a patent-pending platform designed to verify identity and credit eligibility at the earliest stage of customer engagement.
The solution requires only a phone number to deliver clean, validated, and credit-qualified leads.
“VeriQual is the first line of defense against identity fraud—delivering clean, credit-qualified leads with just a phone number,” the company states in a press release. Built to protect dealers from fraudulent applications and improve lead quality, the technology works before any credit inquiry is made, ensuring early-stage validation.
Kacy Daugherty has joined FlexPath DXP as chief operating officer, a move that aligns with the company’s growth strategy.
Additional personnel appointments are also in place to support rapid national expansion and client onboarding efforts.
VeriQual targets both franchise and independent dealers, as well as lenders and vendor networks. The tool is marketed as a means to strengthen fraud prevention protocols while enhancing conversion rates through more accurate lead data.
“The industry is overdue for a smarter, fraud-resistant approach to prequalifying customers,” said Tarry Shebesta, co-founder and CEO of FlexPath DXP.
“With our experienced leadership team and strong financial backing, FlexPath DXP is poised to become the first line of defense against identity fraud while unlocking higher conversion rates for dealers and lenders alike,” Shebesta added.
The company emphasizes that VeriQual complements existing fraud prevention systems by acting as the initial layer in a multilayered security model.
Similar to the Swiss cheese model used in cybersecurity, the approach ensures that any gaps in one layer are covered by another.
FlexPath DXP is currently onboarding strategic partners, including dealer groups, lenders, agencies, and other service providers. .