N1co is a dynamic fintech company reshaping how individuals and businesses manage and move money. Through its intuitive personal finance app, n1co empowers consumers to track spending, set savings goals, and gain financial control. For merchants, the platform offers a seamless way to accept payments, create payment links, and generate QR codes for effortless transactions. Its developer-friendly APIs further extend n1co's reach, enabling third-party applications to integrate payments and digital banking services with minimal friction.

The Challenge

 n1co faced several critical obstacles that limited scale and efficiency. For KYC, the company had no automated process to verify whether individuals signing up were legitimate customers. Every new user represented a potential risk, and the lack of a standardized approach left teams scrambling to validate identities manually or relying on piecemeal checks. On the KYB front, the situation was similarly complex. As a fintech company offering payment solutions to merchants, N1CO was responsible for thoroughly vetting business customers. Their internal team had to manually review and validate all the documents merchants submitted,a time-consuming process that often stretched to five full days per application. This approach not only delayed onboarding but also created bottlenecks across compliance, operations, and customer support. As n1co's customer base grew, it became clear that manual validation could no longer keep pace with the demands of a modern digital finance platform.

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The Solution

The team integrated AiPrise’s fully automated KYC and KYB solutions to transform how they verified individuals and businesses. With AiPrise, n1co could instantly access national registries, utility records, sanctions lists, and identity sources across more than 200 KYC jurisdictions and 100 KYB sources. This comprehensive orchestration layer brought all necessary checks and validations into a single, unified interface. The result was a streamlined experience for both internal teams and end users. KYC validations that previously lacked structure were now completed automatically, while KYB onboarding times plummeted from an average of two days to just a few minutes in most cases. Today, over 98% of verifications are processed without any manual intervention, freeing n1co's compliance staff to focus on exceptions and higher-value tasks.

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The Impact

n1co has seen measurable improvements across its compliance operations and customer experience. Merchant onboarding speed increased by more than 90%, enabling sales and support teams to activate new accounts far more quickly. The company reports that end users now complete identity verification in a fraction of the time, reducing drop-off rates and boosting conversion. Internally, the team has gained greater visibility and control over the entire compliance lifecycle. AiPrise’s adaptive liveness prompts and real-time verification tools have also helped N1CO mitigate fraud risk, giving stakeholders confidence that the platform can scale securely. Perhaps most importantly, N1CO now operates with an infrastructure that matches its ambitions- fast, flexible, and purpose-built for modern fintech.

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We have used AiPrise since day one for our KYC validation solution, and we later migrated our KYB process to AiPrise as well because we were very satisfied with the solution. We have a close relation with them and feel that we are able to propose new ideas for the products that are taken seriously by the AiPrise and many times implemented. That and their great platform is what I think sets them apart from other vendors. 

Compliance Head, N1CO

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Why They Chose AiPrise

The platform offered a strong product fit with n1co's need for both KYC and KYB automation, as well as the flexibility to customize verification flows as requirements evolved. AiPrise stood out for its fast integration and competitive pricing, which made it accessible even for a growing company with ambitious timelines. The relationship was further strengthened by AiPrise’s openness to feedback and collaboration. N1CO valued the ability to propose new ideas and see many of them implemented into the product roadmap, reinforcing the sense of partnership rather than a traditional vendor-client dynamic. This responsiveness gave N1CO confidence that as their needs evolved whether through new regulatory requirements, product expansions, or operational improvements. AiPrise would remain a proactive ally committed to supporting their growth.

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