TransactionLink: Automating buyer onboarding

Mateusz Pniewski based TransactionLink in 2020 as an open banking companies supplier, however now it focuses on buyer onboarding.

The German agency helps firms globally to construct tailor-made enterprise onboarding processes in minutes, all with no code, saving money and time.

From creating complicated workflows and including danger and determination logic to integrating with best-in-class KYC/KYB companies – all with no code. 

TransactionLink automates back-end checks and front-end buyer interactions for a whole end-to-end expertise. 

Notably, it removes the necessity for big, pricey operations groups and means engineering groups don’t should spend time constructing an onboarding course of from the bottom up.

The corporate now works with over 50 clients globally, together with Fortune 500 and world funds supplier Fiserv. 

It provides over 150 ready-made integrations to the commonest KYB/KYC knowledge sources throughout greater than 100 geographies, and the platform will be totally white-labelled. 

TransactionLink hastens service provider activation for PSPs, reduces handbook work when opening enterprise accounts with banks and wealth administration platforms, and reduces churn in onboarding. 

Mateusz Pniewski provides, “We’re very glad to be working with among the world’s greatest cost suppliers, in addition to new challengers within the fintech area. For some established gamers, we decreased their onboarding prices by as a lot as 70 per cent, whereas for brand spanking new entrants and scaleups, we offered them with ready-made onboarding processes as they expanded into new markets.” 

“As we glance to the long run, it’s nice to be backed by a accomplice with such robust conviction in our imaginative and prescient and crew. White Star Capital’s broad geographic footprint will probably be key for our technique as B2B onboarding is transferring to a global-first mannequin,” he concludes. 

The investor

White Star Capital is a world multi-stage expertise funding platform that invests in entrepreneurs constructing formidable, worldwide companies. 

The agency operates from London, New York, Paris, Montreal, Toronto, Guernsey, Tokyo, and Singapore. 

Nicholas Shares, Common Companion at White Star Capital, says, “Having partnered with a number of massive worldwide clients over the previous yr, the crew at TransactionLink has proven wonderful traction. KYB has grow to be essential to enterprise choices globally throughout numerous sectors, however constructing and managing an environment friendly and streamlined KYB workflow stays tough. There’s a large alternative in fixing this downside, and we’re excited to see the place Mateusz and his crew go within the years forward.”