Asset Verification & Finance Resolution

VERIFY.
SETTLE.
PROTECT.

The layer being built to give vehicle and asset ownership certainty. Verexia will verify title, resolve finance owing and clear stale registrations — so ownership stands clean, whether you're buying, selling or settling.

Registers
PPSR · State titles
Data
Hosted in Australia
Record
Append-only audit log
Sample record · Illustrative
TITLE ✓ VERIFIED
PPSR ✓ REGISTERED
ENCUMBRANCE ✓ DISCHARGED
Settlement RecordVRX-00427

Illustrative interface preview — no actual payout or transfer is shown

TitleVERIFIED
PPSRREGISTERED
EncumbranceDISCHARGED
Payout$48,250.00
TransferCOMPLETE

The problem

The transaction is the weak point

Vehicle and asset transactions run on trust that no one can see. Title is unclear, finance surfaces late, and payouts move by phone and email while funds and paperwork run on different clocks.

Failure modesREF FM-04
01
Unclear title
Ownership can't be proven at the point of sale
02
Hidden encumbrances
Finance owing surfaces after the money moves
03
Manual payouts
Payout figures chased across parties by hand
04
Slow settlement
Funds and title move on different clocks

PPSR clearance

Built to clear PPSR registrations

Verexia is being built not just to find registration problems, but to clear them — lodging discharges to remove finance interests and stale or incorrect registrations from the PPSR. What can be cleared depends on the specifics of each registration, so the position will be confirmed first, then the work done.

Discharge lodged

The discharge will be lodged against the registration to have the finance interest removed from the PPSR.

Stale registrations cleared

Interests left on the register after a loan is paid out — or recorded in error — cleared at the source.

Case by case

What can be discharged depends on the registration and who holds it. The position will be confirmed first, then acted on.

How Verexia will work

Three steps, one protected outcome

01
Verify

Title, PPSR and ownership checked against the registers.

02
Register

The security interest registered — or resolved with the party that holds it.

03
Protect

Title transfers clean, behind a record that stands up.

What we check

Every check, on the record

At launch, one check returns the position on the asset across the registers — not a partial view.

Verification scopeREF VS-01
Registered interests

Every security interest currently registered against the asset

Ownership match

Registered owner verified against the party to the transaction

Encumbrance detail

The secured party, the registration date and the current position

Write-off status

Whether the asset has been recorded as written off

Stolen status

Whether the asset is recorded as stolen on the register

Title position

State title records checked alongside the national register

Illustrative Asset Register

What the record will look like

From passenger vehicles to heavy plant — these design examples show the record format Verexia is building: what a verified, registered and cleared asset will look like on file at launch.

White Tesla Model 3 with a Verexia number plate, against a dark wall
Illustrative example — not an actual Verexia client matter
Passenger vehicle
VRX-00427
STATUS · CLEARED
Grey Ford Ranger Raptor dual-cab ute with a Verexia number plate, against a dark wall
Illustrative example — not an actual Verexia client matter
Light commercial
VRX-00431
STATUS · CLEARED
White Volvo FM rigid truck with a Verexia number plate, on a suburban street
Illustrative example — not an actual Verexia client matter
Heavy equipment
VRX-00448
STATUS · CLEARED

Trust

A system of record, hosted onshore

Verexia is being built as a system of record. Data stays in Australia, every action is written to an append-only audit log, and external access runs over TLS.

Security & records postureREF TR-01
Data residencyONSHORE
Hosted in Australia — records stay onshore
SecurityENFORCED
TLS with HSTS on all external access; AES-256 encrypted backups, key held separately
AuditabilityRECORDED
Every action is written to a timestamped, append-only audit log
Pre-launch access list — Lenders · Dealers · Brokers

VERIFY. SETTLE.
PROTECT.

Lenders, dealers and brokers can request platform access ahead of launch. We'll be in touch when it becomes available.

Status
Preparing for launch
Registers
PPSR · State titles
Residency
Australia
Experience
40+ years in automotive finance
Privacy Collection Notice

Verexia Pty Ltd (ABN 68 701 473 841) collects your email address to contact you about platform access when it becomes available. It is required for that purpose. We do not disclose it to anyone other than our website and email providers, or where required by law. To access or correct your information, or make a privacy complaint, contact privacy@verexia.com.au. Our Privacy Policy explains more.

Or email hello@verexia.com.au