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22nd October 2020:
ProxyAddress announces the start of its pilot in the London borough of Lewisham today. The pilot - launched with partners including Barclays, Monese, Monzo, Crisis, and The Big Issue - is a landmark step in creating systemic change and will seek to establish ProxyAddress’ compliance with anti-fraud regulations by opening bank accounts using a ProxyAddress in place of a proof of address as part of the Financial Conduct Authority’s regulatory sandbox.
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ProxyAddress fixes the catch-22 of losing a permanent address by allowing those facing homelessness to “borrow” an existing address so they can access vital services.