enabling enterprises to faster bring their services online by providing an all in one solution for proofing identities in a digitally transformed world



Problem

Onboarding is at the beginning of most customer relationships. While consumers like it fast & easy; companies want data, need to comply or simply do it as they always did.

● rapid drop in patience and human attention spans lead to dramatic drop out rates for online & offline companies and therefore to missed sales opportunities

● Many partial solutions and fast changes in a fragmented market overwhelm companies and make it increasingly difficult to select the best for each process (no one-fits-all)

● strong EU regulatory pressure on KYC (know your customer) & AML (Anti Money Laundering)


Solution

SignD is a 360° turnkey onboarding suite built on a smart service framework, covering the entire customer onboarding process.

● Identification one-stop-shop – all aspects covered with one contract, one integration (biometric identification, database matching, address services, credit scoring, source of wealth, optical & NFC ID verification and face matching, liveness detections, sanction (terrorist) list checks (AML, CTF, PEP)

● Risk and background check services (device and non-PII identity checks, OSINT, dark web, largest data breach repository

● Open Banking (account information and payment initiation)

● Digital Identity - SignD`s next step is to enable consumers to have all data at hand (App) for repetitive registrations process (the end of repeating again and again the same steps)


SignD integrated only best of breed providers into a flexible platform. Allowing to configure or adapt any onboarding case as seamless end-to-end customer process.



USP

● Only 1 integration and 1 contract necessary

● Higher customer conversion due to pleasant user experience

● Lower costs per person onboarded (scale effect)

● Global coverage due to combination of various best of breed providers (ie. SignD can verify 7200 ID types in every language & alphabet, largest address database coverage)

● FMA confirmed (Austrian Financial Market Supervision)

Bernhard Reiterer

Founder & CEO 


"From the beginning to the financial closing, a respectful relationship was cultivated and the team backed us at every level."

Year invested: 2020

Sector: Digital Economy

Deal Captain: Martin Bechter


How we helped the Startup


 raised 7 figure investment

 connected into future market

 fully digital round during COVID-19