Fintech KYC: friction-free API-first onboarding, compliant by construction

> Because today, everything can be forged — except real life and what people actually buy. For a fintech company, every friction screen at sign-up scares off your best users. We lean on transactional, government, telecom and media data — well before the document request. You access a real-time REST API, integrable in a few days, that industrializes your compliance with AMLD6 (the EU anti-money-laundering rules), PSD2 (payments), MiCA (crypto) and eIDAS 2.0 (electronic identity).

Fintech, a field where friction kills ROI

On a mobile screen, every extra second of onboarding drives conversion down. Requesting a photo ID document or a proof-of-address document triggers massive drop-off — often above 30% in mobile-first journeys. The cause is known: your user has to interrupt the journey, find their passport or national ID, photograph it, wait.

We intervene upstream of this friction. Our eIDV identifies the majority of your customers by cross-referencing transactional, government and telecom data — without them uploading a single document. Only at-risk profiles or those that cannot be identified this way trigger a complementary document request. You drastically cut document verification costs and smooth out the customer journey without degrading your compliance.

Anonymized case. A European payment institution integrated our API in five days. Out of 30,000 monthly onboardings post-deployment, 78% were validated without a document request — onboarding drop-offs divided by four, AMLD6 compliance documented in real time.

Real-time REST API: architecture and performance

We provide a KYC (Know Your Customer, customer identity verification) solution built on a real-time REST API designed for fintech use cases.

Characteristic	Detail
Average latency	< 800 ms per call
Availability	99.95% SLA
Coverage	197 countries
Monthly volume	5 million multi-industry verifications
Pricing model	pay-per-call or volume
Authentication	OAuth 2.0 + API key

You integrate the solution in a few days. Dedicated sandbox, full documentation, iOS and Android SDK: your development teams move forward without dead time, and your mobile onboarding stays fluid. Webhooks notify your back-office in real time of check results, PEP (politically exposed persons) and sanctions alerts, and changes in risk profile.

We operate an API compliant with GDPR, AMLD6, eIDAS 2.0 and PSD2. TLS 1.3 encryption, API key rotation, audit data logging, EU hosting. The identity verification process is auditable end-to-end: sources queried, confidence score, final decision, timestamp. You obtain the audit trail required to respond to prudential supervision and resolution by the prudential supervisor (ACPR, the French prudential authority).

Fintech KYC use cases by segment

Neobanks

Instant mobile onboarding

Onboarding a neobank is the most demanding use case for mobile KYC. Verification must be instant, the experience fluid, regulatory coverage total. Whether you are launching a neobank or industrializing your mobile acquisition, you access an approach that identifies most of your new users without requesting a document, and falls back to identity document verification only for uncertain profiles. Business result: completion rate above 90% and documented AML KYC alignment.

Payment institutions

PSD2 and continuous sanctions screening

Payment institutions subject to PSD2 must apply rigorous verification at the entry of the customer relationship, but also continuous sanctions screening on their existing customers. We combine these two requirements in a single API integration. Artificial intelligence and machine learning refine anomaly detection across your verification checks.

Crowdfunding & CASPs

MiCA, Travel Rule and enhanced vigilance

Crowdfunding platforms and crypto-asset service providers (CASPs) are subject to a KYC process aligned with that of banks since the progressive entry into force of the MiCA regulation. We integrate the Travel Rule (TFR) and the compliance requirements specific to crypto flows under AMLD6. At-risk customers identified via the AML KYC screening automatically trigger enhanced vigilance measures.

Neo-insurers & BNPL

KYC and credit risk decision in one call

For neo-insurers and BNPL (buy-now-pay-later) players, your KYC process combines with the credit risk decision in a single API call. The customer profile is evaluated on identity, fraud and solvency dimensions at once, in a unified customer journey. You cut operating cost and smooth the operational rollout.

The Euroleads data approach for fintechs

Our structural conviction fits in one sentence: "Because today, everything can be forged — except real life and what people actually buy." An ID can be forged, a selfie deepfaked, an address fabricated. But an individual who pays their rent, energy and mobile subscription at the same address for three years cannot be invented.

We verify identity through data from verified purchase transactions, backed by government, telecom and media sources. Three families of data feed the verification:

Transactional: purchase activity, address tenure, tax household
Government: official registries, EU/UN/OFAC sanctions lists, PEP databases
Telecom and media: number reliability, subscription tenure, editorial presence

Our approach is a necessary complement to the other KYC phases (biometrics or document checks) and has become essential to secure new-customer onboarding and to fight fraud. For fintechs that want to maintain a document layer, we plug in upstream of the journey: document friction becomes the exception, no longer the rule.

Worth noting. Fintechs operating across several European jurisdictions need a single API able to cover 27 member states, plus the United Kingdom and Switzerland. You access a solution that natively handles this pan-European dimension, with local adaptation of government and telecom databases.

Regulation and KYC compliance requirements in the fintech sector

The online banking and fintech sector operates under dense regulation. Regulated players are treated as financial institutions within the meaning of the French Monetary and Financial Code and as such are subject to AML/CFT (anti-money-laundering and counter-terrorism financing), AMLD6, PSD2 and MiCA. Your compliance requirements extend to fraud, money laundering, terrorism financing and money-laundering fraud.

To meet these regulations, your company deploys a modern regtech stack. These technologies combine artificial intelligence, machine learning and risk analysis to automate AML KYC checks at high volume. We plug into that stack via an open API, in complement to your other layers (sanctions screening, fraud management, transaction monitoring).

The financial activities subject to enhanced vigilance are numerous: payment services, electronic money, equity and lending crowdfunding, crypto-assets, neo-insurance, BNPL. For every activity, your customer risk profile is defined against the FATF (Financial Action Task Force) grid and local regulatory obligations. At-risk customers identified by screening automatically trigger the vigilance measures required by the French Monetary and Financial Code.

AML practices in fintech. Practices converge toward a pan-European standard: electronic identification compliant with eIDAS 2.0, continuous transaction monitoring, machine learning for anomaly detection, document authenticity verified by OCR, end-to-end audit trail.

You operate in several member states simultaneously. Compliance must be designed for that multi-jurisdiction context. Together we build the answer to the following requirements:

AMLD6 — we track the twenty-two underlying offenses harmonized at EU level
PSD2 — you apply strong customer authentication and access payment information
MiCA — we cover the regulation of crypto-assets and the Travel Rule (TFR)
eIDAS 2.0 — you calibrate digital identification assurance levels (eID)
GDPR — we minimize data, justify every legal basis and govern retention periods
DORA — you strengthen the digital operational resilience of your financial entities
NIS2 — you secure cyber-resilience for your essential financial companies

The classic mistake of a company scaling internationally is to deploy several local solutions — one per jurisdiction. That analysis multiplies operating costs and weakens the audit trail. We mobilize the databases of local financial operators, prudential supervisors and official registries — to produce a single coherent check at pan-European scale.

Why choose Euroleads

Euroleads is neither judge nor party. We do not own or host the databases used: our source and method recommendations are never biased by a biometric or document vendor solution.

API-FIRST

Cloud-native architecture for fintechs

API-first native, designed for the modern cloud architectures of fintechs.

COMPLIANCE

AMLD6, PSD2, MiCA, eIDAS 2.0 integrated

AMLD6, PSD2, MiCA, eIDAS 2.0 integrated by construction.

INDEPENDENCE

No vendor conflict of interest

Independence from biometric and document vendors (no conflict of interest).

EXPERTISE

45 years of French expertise in international data

45 years of French expertise in international data, including nearly ten in electronic identity verification.

GOVERNANCE

Part of MV Group, dedicated DPO

Part of MV Group (seven digital and data companies: Yumens, GoodBuy Media, Euroleads, Tribu, Avanci, Yes Indeed, Weaver-fi), dedicated DPO, documented data governance.

COVERAGE

197 countries, pan-European reach

Coverage across 197 countries, useful for fintech companies with a pan-European scope.

FREE AUDIT

Measure your data assets

Free audit of your current setup — we measure your data assets and the optimum reachable against your goals.

Learn more

To dig deeper on KYC compliance in fintech:

Visit the KYC pillar — fundamentals of customer knowledge
Visit the compliance pillar — full regulatory landscape
Visit Banking KYC — neighboring vertical for online banks
Explore the step-by-step methodology to set up a KYC

One API, several jurisdictions, zero friction

You describe your sign-up journey, your risk profile and your regulatory requirements. We propose in return the combination of sources and the identity verification process that plugs into your stack in a few days, cuts drop-offs, industrializes your compliance with AMLD6 and PSD2, and prepares for the arrival of eIDAS 2.0 and the MiCA regulation.

One integration, several jurisdictions.

Talk to our experts