Photo - KYC PAY
58445

KYC PAY

United Kingdom
Market: Financial services
Stage of the project: Operating business

Date of last change: 06.09.2022
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Idea

Let me present to you KYC PAY, an innovative platform to connect businesses with a wide variety of financial providers. We eliminate the possibility of a compliance rejection for the company!

Current Status

• 90% - monthly revenue growth
• 250 + - active b2b Customers
• 7 months of cash positive
• Our 2022 MRR is 160k, and we target ARR 600k
• 300+ dollars - CAC
• 2k dollars – LTV

Problem or Opportunity

1. High applications rejection rate;
2. Problem: Strict compliance and transaction monitoring policies;
3. Problem: Account blockage;

Solution (product or service)

1. We created a single compliance profile for every client, giving them access to 300+ banks and financial institutions to choose from.
2. Our scoring system offers solutions tailored in accordance with the clients industry and risk category.
3. AI-powered transactions advisory system allows for compliant and risk-free transactions, lowering the chance of account blockage

Business model

We are working with our partners by referral agreement and with our clients by subscription.
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