Baselayer builds AI software for business identity verification, fraud detection, and risk monitoring. The company was founded in 2023 by Jonathan Awad and Timothy Hyde, who started the company after struggling to open a business bank account themselves following a wave of bank failures in early 2023; it is based in New York.
The platform runs real-time Know Your Business (KYB) checks, network-based fraud detection, and ongoing portfolio monitoring so financial institutions and fintechs can approve or flag a business applicant without a manual review queue. Baselayer reports serving more than 1,900 financial institutions, government agencies, lenders, and fintech companies.
Baselayer is built for banks, lenders, and payment platforms that need to vet business customers at onboarding and monitor them afterward. The Start-up plan begins at $150 per month (500 credits), the Growth plan runs $750 per month (3,000 credits), and Enterprise pricing is custom with volume discounts; there is no free tier.
