Case Study: Telexoo achieves 2-minute KYC onboarding with GetID

Telexoo cuts KYC onboarding from 20 to 2 minutes with GetID

Telexoo, a Swiss fintech company specializing in international currency exchange, faced the challenge of a slow and manual KYC process that could take hours or days to onboard new clients. To offer a fast and secure service, they needed an automated identity verification solution that was compliant, easy to integrate, and had a flexible pricing policy, leading them to partner with GetID.

GetID implemented its cloud-based KYC software, which features ID document verification, face matching, liveness checks, and AML watchlist screening. The integration was completed in less than three days. As a result, GetID helped Telexoo reduce its customer identification and account opening time from 20 minutes to just 2 minutes, freeing up the team to focus on more complex development tasks.

Telexoo