Raytio helps service providers onboard customers easily and save on know your customer (KYC), anti money laundering (AML) and other compliance costs. Our users share their financial details with Raytio including identity information, bank transactions, employment and other income, expenses, credit facilities, investments and other assets, utility, telecom and insurance details. This information is verified with authoritative sources to create trustworthy, verified, shareable profiles for individuals, groups and organisations.
Users can choose to securely share their profile with third parties when buying financial services to avoid form filling, improve accuracy and speed up processing time – resulting in a superior customer experience. Users can optionally create an anonymous profile enabling service providers to offer them suitable products without compromising the user’s identity.