Case Study: Brokstock streamlines onboarding and boosts verification speed with Sumsub

Streamlining Onboarding Processes at Brokstock with Sumsub

Brokstock, a South Africa-based trading platform for retail investors, wanted to make account opening fast and seamless instead of relying on the lengthy verification processes common in traditional finance. To support this goal, the company turned to Sumsub and its automated identity verification capabilities, including document recognition and AML/blacklist checks.

Sumsub integrated into Brokstock’s app via SDK, and the implementation took about six weeks to build an MVP with help from Sumsub’s technical support. The results were strong: by 2025, Brokstock reduced median verification time to 9 seconds and increased its approval rate to 92%, improving onboarding efficiency while maintaining compliance and security.

Brokstock