Case Study: Libertex Achieves 2.5-Minute Onboarding and 84% Pass Rates with Sumsub

Onboarding Down to 2.5 min, Pass Rates at 84% and Climbing

Libertex, part of the Libertex Group, is an online broker serving traders across multiple jurisdictions with CFDs, forex, ETFs, cryptocurrencies, and more. To keep pace with diverse and changing KYC requirements while maintaining a high level of compliance and a smooth user experience, Libertex needed a reliable verification partner with fast, user-friendly onboarding. They turned to Sumsub for user verification and KYC support.

With Sumsub’s Mobile- and Web-SDK integration, Libertex implemented automated identity verification, proof of address checks, email and phone verification, AML screening, and 3D facial liveness detection. Sumsub helped reduce human error and speed up decisions in seconds, resulting in onboarding times of just 2.5 minutes, an 84% pass rate, and improved conversion across all operating jurisdictions.

Libertex