Scaling compliance globally for the world's leading B2B diamond marketplace
Faster Verification in less than a minute, Nivoda reduced onboarding time significantly by verifying customers and businesses up to 3 times faster than before.
More accurate Verifications, AiPrise helped Nivoda reduce manual reviews and errors.
By automating KYC/KYB workflows, the compliance team was able to shift focus to strategic initiatives, supporting global expansion without increasing internal workload.
Nivoda is a rapidly expanding B2B marketplace that's redefining the diamond trading ecosystem by offering jewellers and retailers seamless access to a global inventory. As Nivoda grew its international footprint, entering new markets and onboarding customers across geographies, the need for a robust compliance framework became critical. The company required a solution that could not only meet stringent regulatory standards across jurisdictions but also keep pace with the scale and speed of its operations. AiPrise enabled Nivoda to scale compliance effortlessly combining speed, automation, and global support to deliver a frictionless customer experience.
Manual KYC across borders
As Nivoda expanded globally, its compliance team faced growing challenges:
- Collecting KYC and business details manually across regions led to inefficiencies and inconsistencies in the onboarding process.
- Verifying information through government sources in multiple countries was slow and complex.
- Without specialized tools, detecting forged or tampered documents became a serious risk to onboarding integrity.
- The team initially used another identity verification platform, but it lacked the automation and global coverage Nivoda needed, creating onboarding bottlenecks, increased compliance risk, and a heavy load on internal operations.
End-to-end KYC + KYB, globally
To solve its compliance challenges, Nivoda partnered with AiPrise for an end-to-end verification solution covering both KYC and KYB across multiple countries:
- AiPrise's global verification engine enabled direct checks against government databases and included advanced fraud detection to flag tampered documents automatically.
- A developer-friendly SDK and intuitive UI made integration smooth and fast The AiPrise team customized workflows for Nivoda, including separate UBO capture and embedded KYC within KYB, ensuring a smooth, low-friction experience.
Automation, global coverage, seamless integration.
Nivoda chose AiPrise for its powerful combination of automation, global coverage, and seamless integration, key capabilities that aligned with their need to scale quickly across borders. AiPrise's flexible infrastructure and responsive support made it easy to implement and adapt across regions.
“AiPrise has been very supportive and helped us make informed decisions. The tech is super defined, which makes it easier for us to plan for our integration strategy.”
— Director of compliance, NIVODA
