Case Study: BlindPay achieves 90% faster onboarding with AiPrise

BlindPay onboards 90% Faster

BlindPay, a fast-growing fintech company, faced significant challenges with slow, manual identity verification that stretched customer onboarding from minutes to days and left them with no real-time visibility into customer risk. This bottleneck was costing the company revenue and straining its compliance team. They turned to AiPrise and its unified compliance platform to automate their KYC and KYB processes.

AiPrise integrated its API and SDK into BlindPay's onboarding flow, providing a single dashboard for ID verification, sanctions screening, and risk scoring. The solution automated over 90% of all checks, reducing individual verification from eight minutes to under twenty seconds and business verification from a day to three hours. This resulted in a 2.3x increase in completed sign-ups, a 40% boost in transaction volume, and an estimated $180,000 in annual savings on analyst salaries, allowing BlindPay to scale without compromising security.

BlindPay