FinTech Hard 3,200/mo

KYC/KYB Verification Platform

Automated identity verification (KYC) and business verification (KYB) for fintech and marketplace compliance. Verify individuals in seconds and businesses in minutes — not days.

ComplianceKYC
MRR Potential
$15K–$60K
Time to MVP
12–16 weeks
Search Volume
3,200/mo
Market Size
$5.2B

The Problem

Manual KYC takes 3–5 days and costs $5–$25 per check. Fintechs lose 40% of applicants during verification friction. KYB (business verification) requires checking 10+ databases manually. Compliance failures result in $1M+ regulatory fines. Enterprise solutions cost $50K+/yr minimum.

The Solution

API-first verification platform that performs identity verification (document scan, facial match, sanctions screening) in seconds and business verification (entity validation, beneficial ownership, UBO) in minutes — with compliance-ready audit trails.

Target Audience

Fintech companies needing user onboarding verification, marketplaces verifying sellers and merchants, and any regulated business requiring identity and business verification

Key Features

1
Document verification scanning IDs from 200+ countries in seconds
2
Facial recognition matching selfie to ID document with liveness detection
3
Sanctions and PEP screening against 1,500+ global watchlists
4
Business verification with entity validation and UBO identification
5
Risk scoring with configurable thresholds per product and jurisdiction
6
Compliance dashboard with audit trails and regulatory reporting

Market Opportunity

Market Size
$5.2B — Identity verification and KYC technology growing at 24.5% CAGR
Monthly Searches
3,200/mo
MRR Potential
$15K–$60K
Why Now?

Fintech regulation is tightening globally. Digital onboarding demands instant verification. AI document analysis exceeds human accuracy. Compliance fines are increasing. Every fintech, marketplace, and crypto company needs KYC.

Revenue Model

Per-verification: $1.50/KYC check, $8/KYB check, $0.10/sanctions screening. Platform: $99/mo (100 checks), $299/mo (500 checks), $599/mo (2,000 checks + API). Volume discounts available.

Competitive Landscape

Onfido

Identity verification. $2–$3/check, well-established, global coverage

Jumio

Identity verification. $2–$5/check, strong document verification

Middesk

Business verification. $5–$10/check, KYB-focused, growing

Manual verification

$5–$25/check, 3–5 days, error-prone, doesn't scale

Recommended Tech Stack

Next.jsPythonPostgreSQLDocument AI APIsSanctions list APIsStripeRedis

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