WealthTech platforms are transforming how individuals invest in mutual funds, stocks, SIPs, bonds, and alternative assets. With rising investor interest and regulatory oversight from SEBI and AMFI, platforms must balance speed and user experience with robust compliance. Fast, accurate identity verification is critical for onboarding, risk mitigation, and trust-building.
Industry Challenges
- Manual onboarding processes slowing down investor acquisition
- Strict SEBI KYC and AML compliance requirements
- Verifying high-net-worth individuals (HNIs) with complex profiles
- Risks of fraudulent investments, identity theft, and duplicate accounts
- Inconsistent nominee and bank detail verification during onboarding
Solutions Tailored for WealthTech Platforms
Investor KYC (eKYC + Video KYC)
Instant PAN & Aadhaar verification with face match, RBI- and SEBI-compliant video KYC with liveliness and geo-tagging, Mobile-ready flows for SIP, mutual fund, and stock account onboarding
AML Screening for Risk & Compliance
PEP, sanction list, and watchlist checks for investors, Continuous monitoring and custom alerts for high-value portfolios, Meets SEBI, FATF, and FIU-IND guidelines
Nominee Verification
Validate nominee identity and relationship, Ensure accurate record-keeping and dispute-free claims, Useful for will-based or trust-based investments
Bank Account Verification
Verify linked bank account for redemptions, dividends, and payouts, Prevent incorrect disbursals or fraudulent requests, Supports penny-drop and IFSC validation
Digital Signatures & e-Stamping for Investment Mandates
Enable secure signing of onboarding forms, PoA, declarations, and mandates, Reduce friction and increase conversions, Fully compliant with SEBI digital documentation guidelines
Business Impact
- Onboard investors 3x faster with paperless verification
- Ensure SEBI compliance without compromising UX
- Minimize fraud risk via identity proofing and AML checks
- Streamline payouts and redemptions with verified account info
