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Blog Overview Case Studies, Chronicles How moneyHop is onboarding users in less than 2 minutes

How moneyHop is onboarding users in less than 2 minutes

How moneyHop is onboarding users in less than 2 minutes

moneyHop is one of India’s leading neobanks that started operations in the middle of the lockdown in 2020, with a goal to revolutionise banking for millennials in India and globally.

Millennials being their primary users, they needed an identity verification solution that provided a smooth & unique onboarding experience, integrated seamlessly with their platform and kept fraudsters at bay.

With these requirements, IDfy delivered a solution which is helping them onboard users in under 2 mins and saving 95% of their earlier onboarding costs.

Here’s what their CEO, Mayank Goyal, had to say about it:

“As a neobank that evangelizes smarter and faster banking, partnering with IDfy was another step in that direction. Customers, and especially millennials, today are always on the move and ensuring that they get their verification right the first time ensures we are converting most of our users without compromising on their onboarding experience.”

Download the case study here to know more about how we helped them.

IDfy helps financial institutions onboard customers remotely and securely through digital onboarding and identity verification solutions.

For more information, please write to shivani@idfy.com

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