Case study
How a crowdfunding platform verifies investors in under 30 seconds
A real estate crowdfunding platform automated investor KYC, cutting verification time from 24 hours to 30 seconds.
Context
Industry
Real estate crowdfunding (FCA-regulated)
Volume
2,500 new investors/month
Fundraising
EUR 8M raised per month
Compliance team
4 people
The problem
Regulatory requirements mandate strict KYC verification for every investor. Manual processing created a bottleneck that delayed fundraising rounds and frustrated investors.
- Manual verification of investor identity and profile (ID + proof of address + questionnaire)
- Average 24-hour delay between sign-up and ability to invest
- 22% drop-off between sign-up and first investment
- Compliance team overwhelmed, unable to handle fundraising peaks
The solution
CheckFile was integrated into the investor sign-up flow to automate KYC document verification in compliance with regulatory requirements.
- Instant AI-powered identity document verification (ID cards, passports, residence permits)
- Automatic proof-of-address validation (less than 3 months old)
- Real-time anti-fraud scoring with cross-document analysis
- Compliant archiving with timestamped audit trail
The results
<30s
Investor KYC
Full verification completed in under 30 seconds
8%
Drop-off rate
Down from 22% before CheckFile deployment
+35%
Monthly fundraising
Increase in funds raised thanks to frictionless onboarding
100%
Regulatory compliance
Zero findings in the last regulatory audit
“Our investors want to put their money to work, not wait 24 hours for an ID check. With CheckFile, they invest within a minute of signing up.”
CEO & Co-founder
Real estate crowdfunding platform (EUR 8M/month)