Case Study: Xiomex cuts identity verification costs by over 50% with Didit

Xiomex cuts identity verification costs by over 50% with Didit

Xiomex, a trader incubator with over 40,000 users, faced the challenge of scaling its identity verification processes to match its explosive growth. The company needed a solution that was globally scalable, secure, and agile without compromising on user experience. To meet this challenge, Xiomex turned to Didit for its identity verification and KYC services.

By implementing Didit's platform, which includes document verification, active liveness checks, and AML screening, Xiomex streamlined its onboarding. The results were significant: the manual review rate dropped by nearly 66%, onboarding abandonment was reduced by 25%, and user verification costs were cut by more than 50% compared to their previous provider.

Xiomex