How Routable streamlined US KYB for B2B payments at scale
of US KYB checks automated, cutting vendor onboarding from days to minutes.
of vendor applicants flagged for discrepancies, TIN mismatches, or sanctions exposure.
Payment volume scaled without proportional growth in compliance headcount.
Routable is a San Francisco-based B2B payments platform that helps companies send and receive business payments through an API-first invoice and bill payment infrastructure. The platform serves fast-growing mid-market and enterprise companies including Ticketmaster, Snackpass, and Re-Max, automating accounts payable and accounts receivable workflows with native integrations into QuickBooks, NetSuite, and Xero. Founded in 2017 by Omri Mor and Tom Harel, Routable has raised $46M from investors including Sam Altman, Jack Altman, Flexport, and angel investors from Box, Airbnb, Instacart, Salesforce, and DoorDash. Routable is built to address the $125T B2B payments market, where ACH, cash, and check still dominate the rails.
Manual vendor KYB slowing payment onboarding
Operating as a US-based B2B payments platform serving enterprise customers, Routable faced critical vendor verification challenges:
- Manual vendor KYB across thousands of US payees created onboarding friction and slowed time-to-first-payment.
- High-volume vendor onboarding demanded faster verification without compromising fraud detection or compliance posture.
- W-9 and TIN matching workflows required manual review, creating bottlenecks for enterprise customers with large payee networks.
- Sanctions and watchlist screening across OFAC and global lists added compliance complexity as Routable moved upmarket into regulated industries.
Automated vendor verification and fraud prevention built for B2B payments
AiPrise partnered with Routable to build an automated vendor verification and fraud prevention layer purpose-built for high-volume B2B payments:
- Automated US KYB checks and fraud detection using Secretary of State registries, IRS TIN matching, business registration data, and AI-driven fraud signals to flag suspicious payees before funds move.
- AI-driven document parsing to extract and validate W-9s, EINs, and supporting business documents in seconds.
- Real-time sanctions and PEP screening against OFAC, global watchlists, and adverse media sources.
- Single API integration enabling Routable to embed verification directly into vendor onboarding without disrupting the payment flow.
Routable needed a vendor verification partner that matched its API-first product philosophy and could keep pace with enterprise-grade payment volumes. AiPrise delivered automated US KYB, AI-powered fraud detection, document parsing, and global sanctions screening through a single API, enabling Routable to onboard vendors in minutes while staying compliant.
With AiPrise, Routable accelerated vendor onboarding and scaled B2B payments 10x without compromising on compliance or fraud detection.
