Kuda effectively opened to international expansion by partnering with MetaMap
Kuda overview
Kuda, a licensed digital bank that offers full service banking solutions, was able to expand its services to more users in partnership with MetaMap.
Industry
Banking
Mission
To offer users the possibility to save, spend, send, and invest money across borders
Founded in
2019
Headquarters
Nigeria, United Kingdom
Median Time to Verify
8 seconds
Main MetaMap use case
User Onboarding
Countries of Conducted Verifications
Belgium
Canada
China
Nigeria
South Africa
Tanzania
United Kingdom
The case
Challenges
_Eliminate the costs of manual reviews
_Improve user onboarding experience.
_Asses potential customers’ financial habits.
Results
_A user-friendly verification process for potential customers.
_Efficient, fast and fully automated onboarding process.
_Authentic financial inclusion to align with the company’s vision.
Some MetaMap tools used
Watchlist
Check
Biometric
Verification
Government
ID Check
Criminal
Records
E-Signature
Driving
License Verification
The problem we solve
MetaMap enables businesses to offer more services to more people by providing access to 80+ data sources and 350+ verification tools. Our platform allows businesses to create precise workflows, integrating necessary data points for tailored verification.
Verification results can be examined and adjusted in our intuitive dashboard, facilitating informed decision-making and fine-tuning strategies.
Flexibility & Efficiency
Customizable verification workflows
Continuous Improvement
Cyclical analysis and optimization for better customer understanding.
Scalability
Expand services across regions.
HOW CAN we HELP YOUR BANKING BUSINESS
Accelerate growth in your banking company
MetaMap’s end-to-end identity solution streamlines KYC and AML compliance, tailored to your specific needs while improving the customer experience. Enhance identity verification with MetaMap, reduce drop-offs, and grow your customer base.
Enhance safety and security
Verify the identities of drivers and passengers ensuring that only authorized and vetted individuals can access the service.
Compliance assurance
Keep up with evolving local and international laws effortlessly, maintaining compliance within the dynamic transportation sector.
Elevate user experience
Streamline your service with automated verifications, providing customers and drivers a seamless experience, quicker service, and shorter wait times.
Experience faster onboarding and KYC
Streamline onboarding processes, and provide secure and user-friendly KYC processes to reduce drop-offs while securing legal compliance.
Minimize risk, maximize conversions
Use MetaMap’s robust risk analysis and payment eligibility tools to make informed decisions, mitigate default risk, and boost approval rates.
Unlock borderless growth
Expand your bank across borders with streamlined onboarding workflows. Seamlessly grow your customer base.