This article explains the Buyer Funds Verification process on Flippa, including verification methods, what to expect, and answers to frequently asked questions.
Once verified, your Flippa Buyer profile will display a verification tick, signaling to Sellers that you have the financial resources to participate in serious negotiations.
How to verify your funds
You can verify your funds through your Flippa Account Settings:
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Navigate to Account Settings.
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Click on the Verification tab.
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Select Start Verification. You will be presented with two options:
1. Verify bank account balance (via Plaid)
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Flippa uses Plaid, a secure third-party integration, to verify your bank account balances in real-time.
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Instant verification is available for bank accounts based in the USA and Canada.
2. Manual verification by Flippa
If you prefer not to use Plaid, or if you have international accounts, you can manually verify your funds by uploading supporting documents. Acceptable documents include:
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Bank account statement
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Stock portfolio summary
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CPA-issued letter
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Home Equity Line of Credit (HELOC) documentation
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SBA (Small Business Administration) loan documentation
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Cryptocurrency wallet statement
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Retirement account summary
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Other documents showing available credit or assets
You must clearly identify the type of document(s) submitted when using manual verification.
What happens after verification?
Once your verification is complete (either via Plaid or manually), you will receive a confirmation email. At that point:
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A verification tick will appear on your Flippa buyer profile.
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You will be able to engage with listings that require funds verification.
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Only you can see the amount of verified funds on your profile.
Frequently asked questions
Q: What if Plaid doesn’t work or fails to verify my funds correctly?
A: If Plaid is unsuccessful or displays an inaccurate amount, you can verify your funds manually by uploading documents through Flippa.
Q: Can I verify multiple bank accounts using Plaid?
A: Yes, Plaid allows multiple account verifications, but it depends on your financial institution. If supported, you’ll have the option to select multiple accounts.
Q: How does Plaid use and store my information?
A: You can review Plaid’s Privacy Policy and Terms of Use for details on how your information is handled.
If you have further questions or need help verifying your funds, please contact our support team.
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