How BlindPay processes $125M+ with automated KYB in Brazil
of KYB checks automated in Brazil, with AiPrise flagging entities with tax ID discrepancies and inconsistent filings, reducing fraud exposure.
Onboarding time cut from 1 day to ~ 3 hours, enabling merchants to go live the same day.
Faster onboarding fueled a 2.3x increase in sign-ups and higher first-month volumes, supporting BlindPay's $125M+ annualized flow.
BlindPay (YC W25) is a fintech building global payment infrastructure with stablecoins. Backed by $3.3M in seed funding, the company already processed $125M in transfers in 2025, including $46M in July alone. BlindPay has also emerged as a top payments project on Polygon, with monthly volume surpassing major players like Bitso and Revolut. Founded by a Brazilian team, BlindPay's decision to work with AiPrise highlights the trust placed in our solutions for the Brazilian market.
Slow, risky merchant onboarding
Brazil's regulatory landscape made merchant onboarding slow and risky:
- CNPJ data (Cadastro Nacional da Pessoa Jurídica) from Receita Federal often lacked updated beneficial ownership details.
- Fraud risk was high: shell companies created with inactive or dormant CNPJs could slip through.
- Analysts had to juggle Receita Federal queries, JUCEP state registries, sanctions checks, and spreadsheets, creating bottlenecks.
- Merchants waited up to a full day before activation, costing BlindPay conversion and volume.
One workflow, fully automated
AiPrise automated BlindPay's Brazil onboarding with:
- Real-time CNPJ checks via Receita Federal.
- AI-powered document & website analysis to validate legitimacy beyond registry data.
- Ownership mapping to trace UBOs and cross-reference with sanctions/PEPs.
- Unified dashboards with risk scoring, eliminating the need for multiple tools.
A KYB process that scales as fast as they do.
BlindPay chose AiPrise for its deep integrations with Brazilian data, fraud detection and global coverage.
The result: a scalable KYB process that matches BlindPay's rapid growth, enabling them to onboard legitimate businesses quickly while keeping fraud out.
