Case Study: Finst achieves 95% pass rate for genuine customers with Veriff identity verification

Finst - Customer Case Study

Finst, a cryptocurrency platform based in Amsterdam, needed a reliable and scalable identity verification solution to comply with KYC and AML regulations, prevent fraud, and onboard a high volume of users securely. To address this challenge, they partnered with Veriff for its online identity verification service.

By implementing Veriff's automated solution, Finst achieved a 95% pass rate for genuine customers with low re-submission rates, thanks to the platform's intuitive and user-friendly process. This has enabled Finst to ensure safety and compliance efficiently while scaling its operations. The results have positioned the company to work towards its goal of becoming Europe's largest and most trusted cryptocurrency platform.

Finst

Maria Gallo

Chief Compliance Officer