Case Study: Profitus achieves faster KYC onboarding and AML compliance with Ondato

Profitus - Customer Case Study

Profitus, a leading Lithuanian real estate crowdfunding platform, needed a faster and more reliable way to handle KYC, identity verification, onboarding, and user screening. Its manual processes were slow, error-prone, and created friction for users, while the company also required strict fraud prevention and AML compliance. Profitus turned to Ondato for identity verification and screening services.

Ondato implemented an automated IDV and AML screening solution that uses AI-based document checks, biometric matching, and background screening against sanctions, PEP, and adverse media sources. The result was a streamlined onboarding process that cut verification time to under 60 seconds with 99.8% accuracy, reduced operational costs, and improved compliance. Profitus has since expanded Ondato across its entire onboarding process.

Profitus