For more than three decades, Mike Jarman and his brother, Ken Jarman, worked on opposite sides of the auto finance transaction. Mike built his career in auto banking and lending, while Ken spent nearly 30 years in automotive retail and dealership management. Despite their different vantage points, both encountered the same recurring issue: transactions slowed or stalled because dealers and lenders often could not efficiently verify who a buyer was or how they planned to pay. That shared friction point led the brothers, now co-founders of TurboPass, to build a system designed to streamline trust in moments when buyers, sellers, and lenders need it most.
"When I saw the gap, it became clear that auto transactions could benefit from faster and more automated solutions." Ken had been observing the same issues from the retail floor. "Whether someone was buying a car or applying for financing, everyone ended up dealing with piles of paperwork," he says. "We just kept seeing how much time that added to the process."
The brothers launched TurboPass nine years ago. Their goal was to help dealerships handle the foundational steps of a transaction, verifying identity, income, and banking data, without relying on manual documents or long back-and-forths with customers. "Dealers need to know who you are and how you will pay. If they can't confirm that quickly, everything slows down," Mike says.
Family leadership has shaped much of the company's evolution. What began as a partnership between two brothers has grown into a multi-generational team and a legacy of experience and knowledge. "It really started with what we learned from our dad," Mike says. "We were teenagers working at his auto finance company in Miami in 1987. Those early experiences set the foundation for everything we are doing now." Ken's two eldest sons now both have important leadership roles in the company, adding to the legacy. Not only is the company shaped by family, but the Jarmans have also recruited seasoned executives in fraud management, automotive finance, and skilled software architects to round out their senior leadership team.
TurboPass has evolved into a broader verification platform used across the country. The company now serves not only auto retailers and lenders but also property managers, independent landlords, and organizations in the public housing ecosystem. The core functionality remains the same: TurboPass provides tokenized, consumer-permissioned reports that validate key financial information through secure links sent directly to the customer.
The workflow is designed to be straightforward. A dealer or property manager sends a link to the applicant, the consumer connects their income sources or banking information, and TurboPass generates a tokenized report that can be shared with lenders or decision-makers. "It gives people a way to share the truth about themselves," Ken says. "They can prove what they can afford without handing over sensitive paperwork."
This model, Mike explains, can give individuals greater control over when and how their information is shared. Instead of traditional credit reports, which can be pulled without proactive consumer engagement, TurboPass's process begins with the consumer's permission, offering a modern, consent-driven approach to data sharing.
As the company has scaled, Ken explains, the leadership team has navigated the balance between maintaining deep roots in automotive while expanding thoughtfully into new sectors. "The housing and property-management space represents a significant area of growth, particularly in government-supported housing programs where verification requirements can be extensive," he explains. "There are so many people who qualify for assistance, but red tape and bureaucracy cause unnecessary delays. Qualified applicants should be able to obtain the housing they're entitled to, with simple technology."
The same principle applies to renters with limited credit history, gig-economy earners, or individuals who recently moved to the U.S. According to Ken, for these groups, traditional data sources may not reflect their actual ability to pay. TurboPass's reports can provide an alternative way to demonstrate stability. "In many cases, the only real proof someone has is their income or banking record," Ken says. "Being able to show that instantly helps open the door to opportunities."
Looking ahead, the co-founders are focused on a long-term vision of a universal financial token, one that consumers can use across automotive, rental, and lending scenarios. Mike explains, "People want a secure way to verify themselves once and use that verification anywhere."
In the coming years, TurboPass expects to continue expanding its automotive footprint while deepening its role in property management and related sectors. For the Jarman family, the mission remains rooted in the same principle that sparked the company's creation: enabling people to move through important life transactions with greater ease, confidence, and control.
