Shufti Partners with LenderKit for Global Scalability and Enhanced Market Outreach

Originally published on Planet Biometrics 

London UK- Shufti, an AI-powered KYC/AML service provider announces its partnership with LenderKit, a flexible white-label crowdfunding software, by launching its global identity verification services on the LenderKit platform. This partnership enables LenderKit customers to smoothly integrate Shufti’s robust identity verification, KYC, KYB, and AML services and enhance their business manoeuvre. 

Shufti offers an award-winning solution that assists many industries to streamline their due diligence and customer onboarding procedure. With its cutting edge technology and resilient identity verification services, Shufti is known to provide a high accuracy rate of  98.67%. Now joining hands with LenderKit will enable Shufti to expand its outreach and efficiently secure various businesses worldwide from fraudulent activities while assisting them to be ahead in-game. 

Konstantin Boyko, CEO & Co-Founder at LenderKit talking about the partnership, “LenderKit provides flexible crowdfunding software and custom development services for regulated investment businesses worldwide. The strategic partnership with Shufti helps us offer a more diverse experience to our customers in Europe, the UK and the UAE. Using Shufti, LenderKit customers can integrate with one of the industry-leading KYC, KYB and AML service providers and automate their onboarding and due diligence processes on a crowdfunding or investment platform.” 

LenderKit is a crowdfunding software that is equipped with a variety of features to cater to regulated businesses from around the world. Now, in order to ensure security and regulation in the industry, LenderKit has extended its hand to offer Shufti’s diverse services to its customers. Crowdfunding platforms looking for KYC/AML compliance solutions can now integrate Shufti for reliable identity verification. 

Shufti’s CEO, Victor Fredung, acknowledges the benefit of the partnership, “We are delighted to announce that enterprises can now access Shufti’s global identity verification services from LenderKit platform and seamlessly meet their regulatory requirements. Always aiming to put our customers ahead, this esteemed partnership with LenderKit has paved the way for us to provide our and their customers with swift and reliable service.”

About LenderKit 

LenderKit is crowdfunding software for regulated businesses worldwide. It can be used to set up a crowdfunding platform prototype or a scalable portal, apply to the regulatory sandbox, raise capital for further development, finance internal projects or work with international investors and fundraisers. The software is equipped with plenty of out-of-box features which allow you to run a debt, equity or donation crowdfunding platform for real estate and SME investing or fundraising. Moreover, each part of the software can be easily modified and adjusted for your specific needs. The crowdfunding platform can be customised to comply with SEC, FINRA, FCA, SAMA and potentially other regulations as per the customer’s requirements. 

About Shufti

Shufti is an identity verification service provider. It offers KYC and AML services globally. It uses both human intelligence and artificial intelligence in its technology to provide highly effective and accurate service. Shufti provides an accuracy rate of 98.67%. It has verified users in 240+ countries and territories. Shufti has been the first of its kind to provide identity verification services that cover a large number of countries.