The international group of financial service providing companies Gerlionti Group has announced that they are partnering up with award-winning RegTech company Know Your Customer to provide a fully remote corporate onboarding process for their new payment solution GerliPay.

GerliPay is the trading name of Gerlionti S.A., Gerlionti Group’s latest member. Gerlipay will offer a fully digital payment solution, providing seamless, flexible and customer-centric financial services to businesses and private individuals on obtaining the Electronic Money Institution (EMI) licence in Luxembourg. Gerlionti Group has extensive experience in providing high-quality, individual and tailor-made financial services, including investment solutions, provision of payment services and financial technology (FinTech) services.

Established in 2015, Know Your Customer provides next generation digital onboarding solutions to financial institutions and FinTech organisations around the world. Specialised in corporate KYC automation  through live connections to company registries, the company offers an end-to-end case management solution to centralise the pillars of client onboarding, including document collection, data extraction and assessment, ongoing monitoring, and reporting.

The new partnership will enable Gerlionti Group to deliver a superior customer experience by streamlining and digitising all corporate KYC activities for their new payments solution. The Know Your Customer’s back-end compliance platform will equip GerliPay’s compliance team with a centralised source of KYC and AML information. The newly implemented system will leverage direct connections to international company registries for instant retrieval of official company documents and identification of Ultimate Beneficial Owners (UBOs) powered by Artificial Intelligence and Optical Character Recognition. The suite of products will also include a branded web portal for seamless and secure client outreach.

Martins Egle, Board Member of Gerlionti, commented:

“With GerliPay, our goal is to build an innovative payment solution that addresses our customers’ needs. By partnering with Know Your Customer, we will provide the kind of seamless and customer-centric onboarding experience that our customers deserve”.

Claus Christensen, CEO & Co-Founder of Know Your Customer, added:

“RegTech components are absolutely key to the successful rollout of any new FinTech products. Our corporate onboarding experts have been working with the GerliPay team to build their compliance processes and onboarding experiences around the needs of their corporate customers. We are very much looking forward to supporting their launch and growth across Europe through our newly announced partnership”.

 

About Gerlionti Group

Gerlionti Group was established in 2014 as a Financial Services Club and is currently one of the most experienced structures in the field of providing high-quality, individual and tailor-made financial services, including investment solutions, provision of payment services and financial technology (FinTech) services.

With offices in Luxembourg, Poland, Latvia, Hong Kong and Singapore, Gerlionti Group has gathered a solid team of professionals, equipped with deep industry knowledge in various market sectors and the best practice tools to deliver seamless, consistent and high-quality professional services to public and private sector clients.

Gerlionti Group recently announced their partnerships with Modularbank’s core banking platform and card-issuing and processing company Nets Estonia to support the development of GerliPay.

For more information visit https://gerlionti.group.

 

About Know Your Customer

Established in 2015, Know Your Customer provides next generation digital onboarding solutions to organisations around the world. Our award-winning technology is setting a new standard in the space of Anti-Money Laundering, Corporate KYC and ID Verification. Know Your Customer empowers compliance teams to efficiently perform all necessary KYC and AML checks on customers, centralising the onboarding process through a uniquely intuitive and easy-to-use platform. This technology accelerates the time needed to onboard a new corporate client from an industry average of 26 days to 1 day, reducing compliance teams’ manual work by up to 85%.

With offices in Dublin, Hong Kong, Singapore, and Shanghai, Know Your Customer has quickly established a global presence and a reputation for excellence. Our customer list spans across 11 verticals – including banking, FinTech, insurance, payments, real estate, asset management, legal firms – and 18 jurisdictions.

Would you like to find out more about Know Your Customer‘s solutions for remote corporate onboarding?

Request a demo