Why choose us?
Verify businesses by accessing the world’s largest company database with our global coverage service.
Leverage our algorithm to identify the most cost-efficient route to the data you need from our broad partner network.
As leading KYB solution providers, we can screen the ultimate owners of the business using the world’s largest risk database.
How it works
Our four-pillar approach to comprehensive
KYB (Know Your Business) screening and verification.
Read and extract identity data from company documents or trade licenses.
Check business authenticity via global databases.
Identify the Ultimate
Beneficial Owners of the company.
Verify & Screen UBOs
KYC owners and screen for AML and sanctions.
Latest KYB updates
What is KYB? Why is it necessary for your business?
KYC Content Specialist uqudo
An award-winning team
uqudo is proud to be recognised by some of the world’s most distinguished organisations.
Here’s what people say about us
CEO Get Equity
After our research, we found uqudo to be by far the best AML provider and we are confident that they will help us push our business forward as we grow.
CEO/Director General Smart Africa
Digital ID, data governance and cross borders e-payments are critical to advance the digital transformation we want for Africa. Therefore, welcoming uqudo to the alliance is clearly aligned with our ambitions. Their expertise and experience will be a great asset to our organisation.
Chief Strategy Officer Staex
Authentication and authorization are mission-critical components. Staex provides a dynamic lightweight network layer for new digital collaborators such as public-private engagements while uqudo offers proven digital identity technology. The combined solution safeguards our lives and actions in the digital world.
Strategic Advisor TECH5
From a strategic point of view for TECH5, uqudo is a great partner for the integration of both companies’ offerings to create unparalleled digital KYC and National Identity programs in the Middle East, Africa, and other regions. In addition, we appreciate access to uqudo’s expertise as a full-service provider in the space of digital onboarding and authentication.
Chief Transformation Officer Sohar International
I’ve seen the uqudo platform working first hand and it’s extraordinarily compelling, especially if you are looking for an incredibly seamless onboarding/ID verification process.
Founder & CEO FinaMaze
What made us choose Uqudo as our digital identity partner is their clear and fast integration process and the constant availability and efficiency of their support team. The client ID verification and video selfie is user-friendly and convenient making our onboarding process quasi-instant.
Board Advisor uqudo
It is an honor and great fun, working with a company like uqudo! I‘m fascinated not just by their great talent and tech & market expertise … but especially by their passion. For their products, their customers and the restless willingness to go beyond. All this resulted already in impressive successes – looking forward to working with the team, to truly ‘own’ the region and grow beyond.
What is KYB?
Know Your Business (KYB) refers to the controls that a company must implement to ensure its clients are not engaged in criminal activity. It is the process of due diligence that should be undertaken before dealing with any organisation.
What is the difference between KYC and KYB?
KYC (Know Your Customer) refers to verifying the identity of an individual, whereas KYB (Know Your Business) analyses and verifies the identity of companies.
Why is KYB necessary?
KYB helps companies obtain essential information about their potential clients, in order to protect their interests while dealing with other businesses. It also ensures that organisations are not indirectly associated with fraudulent activities.
The main advantages of a comprehensive KYB Screening procedure are:
- Helps evaluate the business authenticities of companies, and identify changes in transactional behavior, which sometimes indicate fraud.
- Identifies the Ultimate Beneficial Owner (UBO) and evaluates their risk profiles.
- Screening key stakeholders prevents the occurrence of financial fraud and makes companies trustworthy.
Who are UBOs?
A UBO (Ultimate Beneficial Owner) is the ultimate business owner of an organisation. A UBO can be classified as someone
- who owns more than 25% of the company’s shares.
- who controls more than 25% of the voting rights.
- who is a beneficiary of at least 25% of the organisation’s capital.
- who is a shareholder, including those with bearer shares that can be transferred anonymously.
Can uqudo verify KYB documents in languages other than English?
Yes, uqudo’s KYB coverage includes more than 98 languages, including Arabic, English, Afrikaans and many more.
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