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Tim Ray

4X Founder | Co-Founder & CEO at VeriFast - Verified identity and financial data to save time and eliminate fraud!

Tim Ray is a serial entrepreneur and Angel investor who excels in building and scaling innovative businesses. He is currently the Co-Founder & CEO of VeriFast, a groundbreaking verification platform.

With a focus on creative thinking, analytical decision-making, and relationship-building, Tim has a proven track record of successful exits in business.

VeriFast stands out for its unique approach in utilizing consumer-permissioned data to verify identities and financial information, effectively reducing underwriting inefficiencies and fraud.

Tim's leadership at VeriFast has led to a streamlined process for clients, offering a comprehensive suite of verification services through a single API integration.

Under Tim's direction, VeriFast has helped clients achieve a remarkable 40% reduction in underwriting time and costs while enhancing fraud prevention, thereby boosting revenue streams.

Outside of business, Tim enjoys a fulfilling family life and pursues passions like travel, skiing, golfing, cycling, and kite surfing.

Tim holds an MBA from Queen's University and a Bachelor of Commerce in Marketing from the University of Windsor.

His professional journey includes founding various successful ventures such as The Ocean Ball Foundation, CHIRP, Guy Commerce Inc., Carnivore Club, and FoodScrooge.

Tim has played pivotal roles as an investor in Knixwear and as the General Manager of WagJag Grocery at WagJag Ltd.

Driven by a passion for entrepreneurship and innovation, Tim has made valuable contributions to the business world.

Tim values building strong relationships, solving complex problems, and driving businesses toward success through strategic decision-making.

Highlights

Aug 21 · linkedin

VeriFast is growing 🚀

I'm excited to announce that Bob Hansen has joined VeriFast as VP of Sales. We're honored to have Bob, who's an incredibly well known and respected figure in proptech, join our amazing team from Second Nature - a company known for its enviable company culture and 🚀 growth in SFR.

Likewise, I'm happy to announce that we've promoted Jeanne P. to SVP of Sales, who's positive energy and leadership continues to be the heart and soul of our sales organization.

And Becca Stafford, who is raved about in the industry by our customers, is being promoted to VP of Operations as she expands her role to lead our Customer Success, Customer Service and Client Data Review teams.

VeriFast is a direct reflection of the amazing team inside the tent who lean-in and make our product, service and culture the best in tenant screening.

Jun 18 · linkedin

There's a really interesting new podcast series that Dom Beveridge of 20for20 just produced diving deep on the Tenant Fraud landscape. Each episode is a hard-nosed interview with each competitor in the industry, and all episodes dropping simultaneously.

Check out all of the ~ 30 min episodes and get a lay of the land, including Episode #1 featuring VeriFast.

Kudos to Dom for producing this entertaining cage-match of Income Verification/ Fraud Prevention companies for Season One of Tech Talk.

Tim Ray
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Location

Greater Toronto Area, Canada