Skip to main content

London, Monday 19 February 2024TransactionLink, a leading provider of onboarding automation solutions for KYB, and Know Your Customer, the award-winning SaaS ecosystem for Business Know Your Customer (KYC) verification, are pleased to announce their strategic partnership aimed at revolutionizing the compliance and onboarding process for financial institutions and regulated businesses in Europe. 

As the demand for robust business KYC and Know Your Business (KYB) procedures continues to grow, it has become increasingly important for organisations to implement seamless and efficient onboarding processes. However, the complete corporate onboarding process often requires additional steps such as gathering supplementary user data, conducting anti-fraud checks, and assessing risk levels. This is where this strategic partnership between TransactionLink and Know Your Customer comes in. 

TransactionLink, with its innovative onboarding automation platform, integrates Know Your Customer’s KYC API and real-time data into their business logic builder, resulting in a comprehensive automated user journey creator for their customers. By combining the strengths of both platforms, the partnership aims to deliver a seamless and streamlined experience for compliance teams and their SME and corporate customers across Europe. 

Choosing Know Your Customer as a strategic partner is very well aligned with our strategy at TransactionLink. Both our and KYC's missions are to provide our customers with the most comprehensive company data, especially for those with a global-first perspective. KYC's API has truly impressed us with its resilience and speed, effortlessly connecting with jurisdictions that are typically challenging. We're excited about the collaboration and eager to enhance KYC's already global data coverage with TransactionLink's powerful onboarding automation.

Mateusz PniewskiCEO & Founder of TransactionLink

We are thrilled to partner with TransactionLink to elevate the corporate onboarding experience for their customers. By leveraging our real-time access to global registry data through our REST API, integrated with TransactionLink's powerful automation capabilities, we empower financial institutions and regulated businesses to seamlessly implement efficient and compliant KYB procedures. This synergy effectively reduces manual effort and enhances overall customer satisfaction.

Claus ChristensenCEO & Co-Founder at Know Your Customer Limited

The partnership between TransactionLink and Know Your Customer will give financial businesses the ability to leverage cutting-edge technology to meet regulatory requirements, mitigate risks, and ensure a seamless corporate onboarding process. By simplifying and automating business KYC and KYB procedures, both companies aim to empower organizations to focus on their core competencies and drive growth in 2024. 

Founded in 2020, TransactionLink is a KYB onboarding automation platform for financial institutions and online marketplaces. It offers a solution that helps businesses expand across geographies and reduce onboarding costs without the need for complex engineering integrations. Co-headquartered between London and Berlin, TransactionLink now works with over 100 customers around the world helping them speed up customer activation and reduce manual work.

Know Your Customer is an award-winning RegTech company specialised in next generation business verification solutions for financial institutions and regulated organisations worldwide.

For teams that are struggling with inefficient client due diligence and onboarding processes, Know Your Customer provides a modular compliance solution that combines the most intuitive digital workspace on the market with unmatched real-time registry data, seamless integrations and smart automation to transform the essence of the compliance function at its core. The products’ modular design enables efficient customisation, as clients can select and implement only the functionalities they really need, all available via Rest API.

Are you ready to see the power of our Modular Compliance solutions in action?

Request a demo

Last updated on February 23rd, 2024 at 08:25 am

Stephanie Zhu

Stephanie is currently the Senior Marketing Manager, APAC at Know Your Customer. With over a decade of experience in 360-marketing, including marketing strategy, brand development, and digital marketing, Stephanie has worked across various industries and geographies in APAC including AXA, Procter and Gamble, and A seasoned marketer and entrepreneur, Stephanie also founded Cotton Pigs, the first reversible organic baby clothing line in Hong Kong, back in 2019.