Case Study: Wirex achieves 1-second verification and 83% pass rate with Sumsub

Wirex - Customer Case Study

Wirex, a UK-based digital payment platform, needed to simplify and unify its risk and compliance operations after using multiple vendors for onboarding and ongoing monitoring. The company wanted a holistic view of customer risk, less manual re-entry between systems, and support for live transaction monitoring, so it turned to Sumsub for a more streamlined verification and compliance setup.

Sumsub partnered with Wirex in 2023 and became its end-to-end solution for user verification, transaction monitoring, AML screening, and fraud monitoring. With Sumsub’s platform, Wirex achieved an 83% approval rate and a median verification time of 1 second, while also consolidating workflows and improving operational efficiency.

Wirex