Case Study: Travel Money Club achieves rapid, secure user onboarding with Onfido

Travel Money Club chooses Onfido for modern identity verification

Travel Money Club, a UK currency exchange platform that delivers fully insured next‑day cash to travellers, needed a fast, secure way to meet compliance requirements as it scaled. To maintain its promise of next‑day delivery while expanding membership, Travel Money Club turned to Onfido’s machine learning‑based identity verification and automated KYC, integrated into its mobile app.

Onfido implemented automated identity record, document and watchlist checks using a broad range of data sources, enabling speedy, secure and scalable user onboarding. As a result, Travel Money Club reports a significant increase in the number of people it can securely verify and onboard, most users “sail through” the process, and the company has been able to scale its service (after thousands of orders and millions of pounds exchanged) while continuing to offer members large annual savings (typically £341, up to £743) compared with the high street.

Travel Money Club

Don Clark

Chairman