Safeguard your crowdfunding activities with high-end KYC solutions

When it comes to crowdfunding, the most significant value is trust. In this business, potentially anyone can be an investor or a donor, so you just have to know the background of who is sending the money and where their money is coming from. Conducting Identity verification for crowdfunding platforms checks is a must if you’re going to run a successful crowdfunding platform. Identity verification for crowdfunding protect your business by making sure your investors and donors are who they say they are, preventing fraud and scams.

Eliminate risks and threats associated with crowdfunding

Comply with regulations in a professional way

Building and maintaining a strong KYC program is an excellent way for you to safeguard your crowdfunding activities. It can help to ensure compliance with the regulations set out by the Financial Action Task Force (FATF) and help you meet the EU’s Anti-Money Laundering Directives. Adding a high-end KYC solution to your crowdfunding platform will help you protect against money laundering, terrorist financing, and fraudulent activity. This will give you peace of mind and give investors even more confidence in your crowdfunding platform.

Provide a faster and smoother customer experience

Time is precious for everyone involved in a crowdfunding platform, from those who raise funds with it to those who donate money. Therefore, any solution that shortens wait time is bound to be beneficial for all users involved and the company that provides this service. Moreover, since paper-based document collection poses multiple risks (e.g., document loss), removing this step from the process guarantees that it runs more smoothly, bringing benefits to everyone involved!

KYC platform for global customer onboarding

Decrease onboarding costs up to 46% Improve pass rates up to 26% Complete verifications in less than 15s.

Ensure the cost-effectiveness of your crowdfunding platform

Your KYC solutions should be adjusted to your individual needs. This is where automated solutions come in. The identity verification and sanctions, watchlist, and PEP screening are designed to optimize your process. You don’t have to invest in infrastructure and employee recruitment to proceed with biometric identification, live identity analysis, and comparison with identity documents.

Avoid risks and threats associated with crowdfunding

Unregulated online crowdfunding may have several drawbacks. The risk of fraud is one of the most serious of them. KYC and AML procedures are crucial if you want to prevent fraud successfully. Another threat is money laundering. You could be liable if your platform offers securities-based crowdfunding opportunities without vetting your investors. With the KYC process in place, it could be more challenging for fraudsters to get into past security measures. The right approach will go a long way toward keeping your platform secure.

Automate Customer Onboarding

Digital onboarding makes reaching out and attracting potential investors easier. Automating some of these tasks makes it easier to attract investors, which will increase your chances of getting funded. This can be done by ensuring that you have all the necessary information on hand and that automated forms are in place for customers to fill out their personal details such as id numbers and passports easily without errors or mistakes, reducing your risk of identity fraud or theft.


There are many ways in which KYC-led identity verification can help crowdfunding platforms and participants alike. The most obvious benefit is the risk mitigation, but there are other advantages.

Reduced online fraud

Fraudulent activity can not only harm your reputation or lead you into legal trouble; it also lowers the number of legitimate customers on board, making a bad situation even worse. To prevent fraudulent activities such as money laundering or terrorist financing within their business operations compliance requirements, crowdfunding platforms use digital identity verification solutions like the one Fully-Verified offers. 

You will want to choose a KYC solution that is both secure and fast. You need to make sure that the data you collect can’t be tampered with, and you also want to make the process as quick and easy as possible for your customers. Fully-Verified meets all of those requirements with our automated Self-Verify tool. With identity verification, you can assure:

  • Automated onboarding
  • Increased customer engagement through better experiences
  • Faster, smoother customer experience during transaction processes
  • Complying with new regulations such as GDPR
  • Reduced online fraud 

Increased customer engagement

If people feel safe while using your crowdfunding platform or app, they will be more likely to engage with it regularly than if they didn’t feel secure in the first place. This means that the higher engagement level brought about by effective KYC helps grow profitability over time. Fully-Verified offers a secure Live-Verify tool, that helps to authenticate the identity of investors during a live call with a trained specialist.

Improved user security

Crowdfunding is a sensitive way of doing business. Under no circumstances should you compromise customer experience and security. Your KYC / AML procedures have to be a shield that will protect your business and platform from potential risks and fraud. Noncompliance with regulations shouldn’t be acceptable. The fundraiser participants should have a safe and secure environment, as well as peace of mind and confidence that their personal information is fully protected. You should provide your users with flawless and seamless verification tools that will not compromise the speed and quality of the entire process.

KYC platform for global customer onboarding

Decrease onboarding costs up to 46% Improve pass rates up to 26% Complete verifications in less than 15s.

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Fully-Verified was created as answer to its founders collectively losing over $150 000 to various types of fraud in their eCommerce businesses.