Kyiper

Kyiper offers a cloud-based platform that combines ID validation and financial insights to facilitate instant payments. It helps businesses streamline customer onboarding and transaction processes by providing tools for identity verification and real-time financial data analysis.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Traditional methods of customer verification, credit assessment, and payment processing often involve manual workflows, third-party intermediaries, and potential delays, leading to increased costs and friction. Businesses lack a streamlined way to access and analyze customer financial data for real-time decision-making.

Solution

Kyiper provides a cloud-based open banking platform that streamlines customer onboarding, credit assessment, and payment processes. By leveraging open banking APIs, Kyiper enables businesses to access customer-permissioned financial data directly from banks, automating verification and assessment workflows. The platform offers tools for instant account verification, transaction history analysis, and payment initiation, reducing manual intervention and improving efficiency. Kyiper's API-driven solution allows for seamless integration into existing IT ecosystems, providing a comprehensive suite of open banking services.

Target Audience

Kyiper targets businesses across various industries that require efficient customer verification, credit assessment, and payment processing solutions, including financial institutions, lenders, and e-commerce platforms.

Features

Customer Verification: Instant validation of customer account name and ownership using open banking APIs.
Credit Assessment: Real-time access to customer transaction history (up to 10 years) for income validation and affordability confirmation.
Instant Payments: Facilitates account-to-account payments across Europe, bypassing intermediaries and reducing fees.
Automated Workflows: Configurable business rules for straight-through processing and automated collection workflows.
Online Portal: Access to a portal for case management, reporting, and configuration.
Data Refinement: Cleanses, normalizes, and categorizes financial data for easy analysis.
PSD2 API: Compliant with Payment Services Directive 2 (PSD2) for secure data access.
Developer Portal: Provides a simple API and instant production access for easy integration.