19 Sep Signicat launches fintech starter pack
World’s largest identity assurance provider, Signicat, has launched a new service to help fintechs get immediate regulatory compliance. The FinTech Starter Pack includes Signicat’s own Assure, Connect and Sign services which enable KYC and AML legislation compliance, faster customer onboarding and increased sales & customer trust.
“FinTech companies need to establish the trust that incumbents have built up over decades and part of that is ensuring that compliance systems are as robust as they possibly can be. But these companies can quickly find that developing this infrastructure themselves becomes a nightmare, draining time, resources, and affecting business outcomes.” said Gunnar Nordseth, CEO, Signicat.
Compliance is a big thing for startups; this package helps them to implement solutions which have already gotten approval, relieving them from a major obstacle. Finland based crowdfunding platform Invesdor has already successfully implemented the package and has highlighted the simplicity of implementing the service: “Signicat’s solutions are a core part of our crowdfunding offering, as they allow us to offer businesses and investors ways to organise cross-border funding rounds quickly and easily” said Lasse Mäkelä, CEO at Invesdor.
The Signicat FinTech Starter Pack includes the company’s cloud services for onboarding, authentication and digital signing. Full access to crossborder testing. 500 transactions within the test and product environment are allowed. The first month comes free of charge, after that, the fee is €149 per month.
