Overview

1Konto Inc. is a global fintech company focused on simplifying cross-border financial operations for growing businesses. As they expanded across markets, 1Konto needed a robust compliance infrastructure that could scale without compromising speed or regulatory integrity. Operating with a lean compliance team of fewer than five members, they were determined to modernize their onboarding and verification processes to match their global ambitions.

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Challenges

Before implementing AiPrise, 1Konto relied on a fragmented ecosystem of tools and third party vendors to manage compliance. The team used Google Forms to collect onboarding data and contracted different vendors for identity verification, KYB checks, PEP and sanctions screening, ongoing monitoring, and U.S.-specific entity verification. This multi-vendor setup introduced operational inefficiencies and created data silos, making it difficult to maintain compliance continuity.

This siloed system required intensive manual coordination. Every step, data collection, documentation review, verification checks had to be manually tracked and stitched together. This approach created inefficiencies, increased the likelihood of errors, and made it nearly impossible to scale. Onboarding a single client could take between 5 to 7 business days, which affected user experience, team productivity, and conversion rates.  As 1Konto grew, it became clear that this model couldn’t keep up with global expansion or evolving compliance expectations.

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Solution

AiPrise offered 1Konto a way to centralize and automate their compliance workflows through a single, no-code platform. With AI-driven identity verification, KYB, sanctions screening, and risk scoring built in, AiPrise replaced the need for multiple vendors and manual processes. The platform enabled 1Konto’s team to configure detection rules in minutes, manage workflows efficiently, and reduce reliance on engineering resources for compliance tasks. This allowed the compliance team to shift its focus from repetitive coordination to higher-value risk assessment, all while maintaining audit readiness and meeting regulatory expectations across both U.S. and international markets.

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Results

Since implementing AiPrise, 1Konto has achieved dramatic improvements in speed, accuracy, and efficiency. The average onboarding time dropped by over 85%, from 5 to 7 business days to some clients onboarded within the same day. Manual data re-entry and handling errors decreased by more than 30%, while conversion rates improved by 25% due to faster and more intuitive onboarding. One standout success involved onboarding a complex institutional client, previously requiring coordination across three different vendors, in under 24 hours with AiPrise. The end-to-end process, including KYC, KYB, ID verification, and sanctions screening, was completed without any manual escalations or intervention. These outcomes enabled 1Konto to scale their compliance operations seamlessly and deliver a smoother experience to their global client base.

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The team’s responsiveness, attention to detail, and commitment to customer success have been exceptional from day one. We’ve significantly reduced onboarding time, improved operational accuracy, and gained a scalable solution that supports both our regulatory and business growth. AiPrise is more than just a vendor, they’re a true partner in our compliance journey.

- Chief Compliance Officer, 1Konto Inc.

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Why 1Konto Chose AiPrise

For 1Konto, choosing the right compliance partner wasn’t just about checking boxes, it was about finding a solution they could rely on every day. What they needed was a partner that could not only keep up with their pace but actually simplify their compliance operations.That’s where AiPrise came in.

From the very first interaction, AiPrise made an impression. The team was proactive, responsive, and clearly understood the challenges 1Konto was facing. Their onboarding process was smooth, well-organized, and left no question unanswered. Every detail was handled with care and clarity.

What really stood out was the product itself. AiPrise offered an intuitive, no-code platform that made configuring workflows and risk rules easy for the compliance team, no developers required. The system’s AI-driven automation, global scale, and built-in flexibility meant 1Konto could handle both U.S. and international onboarding with ease.

Beyond the tech, it was the people that made the difference. The AiPrise team was deeply committed to getting things right not just at the start, but throughout the journey. That level of attention, reliability, and partnership is what gave 1Konto the confidence to move forward. AiPrise didn’t just meet expectations, they raised the bar.

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