{"id":9390,"date":"2022-07-14T08:41:34","date_gmt":"2022-07-14T08:41:34","guid":{"rendered":"https:\/\/gateway.ventures\/startups\/signd\/"},"modified":"2022-07-14T08:41:34","modified_gmt":"2022-07-14T08:41:34","slug":"signd","status":"publish","type":"startups","link":"https:\/\/gateway.ventures\/en\/startups\/signd\/","title":{"rendered":"SignD"},"author":20,"featured_media":9386,"template":"","meta":[],"startup_status":[36],"investment_focus":[],"class_list":["post-9390","startups","type-startups","status-publish","has-post-thumbnail","hentry","startup_status-funded-en"],"acf":{"logo":9388,"show_stage":["Yes"],"stage":"Pre-Seed","show_niche":["Yes"],"niche":"Digital Economy","closing_month_year":"","female_founder":[],"location":"Vienna, AT","website":"https:\/\/signd.id\/","demo_video_url":"","meet-up_lp_link":"","calendly_code":"","calendly_code_Kopie":"","oneline_description":"Customer Identity Service","description":"","problem":"Onboarding is at the beginning of most customer relationships. Consumers like it fast & easy; companies want data, need to comply with regulations or simply do it as they always did.\r\n<ul>\r\n \t<li>Rapid drop in patience and human attention span leads to dramatic drop out rates for online & offline companies and therefore to missed sales opportunities<\/li>\r\n \t<li>Growing regulatory pressure on KYC (know your customer) & AML (Anti Money Laundry) creates complex onboarding journeys.<\/li>\r\n \t<li>many partial solutions and fast changes on a fragmented market overwhelms companies and makes it increasingly difficult to select the best for each process (no one-fits-all)<\/li>\r\n<\/ul>","solution":"SignD is a 360\u00b0 turnkey onboarding suite built on a smart service framework, covering the entire customer onboarding process.\r\n<ul>\r\n \t<li>Identification one-stop-shop \u2013 all aspects covered with one contract, one integration (biometric identification, database matching, address services, credit scoring, source of wealth, optical & NFC ID verification and face matching, liveness detections, sanction (terrorist) list checks (AML, CTF, PEP)<\/li>\r\n \t<li>Risk and background check services (device and non-PII identity checks, OSINT, dark web, largest data breach repository<\/li>\r\n \t<li>Open Banking (account information and payment initiation)<\/li>\r\n \t<li>Digital Identity (SignD`s vision to enable consumers to have all data at hand (App) for repetitive registrations process (the end of repeating again and again the same steps)<\/li>\r\n<\/ul>\r\nSignD integrated only best of breed providers into their flexible platform. Allowing to configure or adapt any onboarding case as seamless end-to-end customer process.","market":"<ul>\r\n \t<li>3 large markets: RegTech ($12,3bn), digital signature ($5,5bn) and payments ($2trn). Servicable markets for SignD jointly amount to ca $5bn globally.\r\nFocus industries: (Banking & Insurance, Telcos, Gambling industries, Payment Service Providers, Crypto Wallets, Hotels<\/li>\r\n \t<li>increasing market pressure on KYC\/AML<\/li>\r\n<\/ul>","usp":"","business_model":"","traction":"","exit_potential":"","nrofcoinvestors":"","tm_1_name":"","tm_2_name":"","tm_3_name":"","tm_4_name":"","tm_1_position":"","tm_2_position":"","tm_3_position":"","tm_4_position":"","image_-_team_member_1":7076,"image_-_team_member_2":null,"image_-_team_member_3":null,"image_-_team_member_4":null,"deal_link":"","founder_group_image":null,"why_we_invested_in_this_startup":"","dealcaptain_opinion":"","stoop":"Yes","pb":"No","investment_terms":"","traction_image":null,"hide_socials":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SignD - Gateway Ventures<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gateway.ventures\/en\/startups\/signd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SignD - 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