Lithuanian Startup iDenfy Announces Partnership With Financial Startup ITCS Trade
iDenfy and ITCS Trade have joined forces to ensure the safety and security of clients participating in online trading.
The team at iDenfy is proud to announce their new partnership with ITCS Capital Ltd, a financial startup based in Kazakhstan.
Lithuania’s iDenfy will now be providing identity verification services for ITCS Trade, which operates a trading platform that uses over 4,000 trading instruments. ITCS Trade also provides training for novice traders on their platform to assist them in launching their financial endeavors.
ITCS Trade was founded when their team recognized a dire need for a high-quality trading platform that prioritized education, security, and customer service.
When asked why they have chosen to partner with iDenfy, the representatives at ITCS Trade emphasized the importance of KYC and AML compliance in this industry. They shared that iDenfy’s quick, efficient, and automated identification system has expedited the verification process, saving users from having to fill out tedious forms and questionnaires.
ITCS Trade appreciates the time and costs they save using iDenfy’s software, and their customers enjoy the easy-to-use identification verification that provides them with a sense of security and peace of mind.
“iDenfy provides the new wave of web-based Fin-Tech companies such as ITCS Trade a dynamic, innovative service. Our identity services can be seamlessly integrated into the partner platform. As a leader in identification verification who is constantly upgrading and improving, iDenfy provides the Fin-Tech industry with the tools it needs for confidential and compliant online identity verification“, states Domantas Čiuldė, CEO of iDenfy.
“In our industry KYC & AML is paramount, and the ability to conduct a big part of our KYC process automatically saves us an incredible amount of time and money. The cost- and time-saving this has brought us has been very important for our business. A big part is a fact that we’re only charged on successful verifications, something that many competitors lack. Our customers enjoy the great benefit of having an easy way to identify themselves without having to fill out tedious forms and questionnaires. Our clients feel it’s safe and easy to verify their identity with an automated verification process. It’s a great benefit both for us as a business and our clients being able to verify themselves this quickly“, comments Jonathan of ITCS Trade.
iDenfy provides online identity verification services for financial, sharing-economy and gaming industries. The Lithuanian startup company was founded in 2017 at Kaunas University Technology Park by two childhood friends – Domantas Ciulde and Gediminas Ratkevicius. iDenfy was awarded “Startup of Lithuania” in 2018. In 2019 became ‘Startup of the Kaunas City’ and in 2020 won the ‘Fintech Startup Of The Year Award’.
For more information and business inquiries, please visit www.idenfy.com.