Case Study: Yendo achieves faster, frictionless onboarding and 95%+ conclusive decisions with Socure

Credit card company Yendo supports financial inclusion and redefines onboarding and fraud prevention with Socure

Yendo, a credit card provider that helps users build credit by tapping vehicle equity, was struggling with onboarding friction: low automatic verification rates, inaccurate public-record checks, and long manual-review times that delayed or turned away legitimate applicants. To address these issues, Yendo partnered with Socure and implemented Socure Verify, DocV, and Sigma Synthetic to modernize KYC and document verification.

Socure’s solution produced immediate, measurable improvements — a 95%+ conclusive decision rate, roughly 25% fewer manual reviews, an 87% conversion rate for users who begin capturing IDs (99% complete on first attempt), and under 5% resubmits — while a single API cut setup time by about 50%. By using Socure, Yendo streamlined compliance and fraud prevention, sped onboarding, and expanded access to credit for underserved customers.

Yendo

Jason Tucker

Chief Compliance Officer