TransactionLink is a no-code automation platform that streamlines the onboarding process for FinTechs by providing customizable forms and case management tools. It addresses the inefficiencies in merchant onboarding and business account opening by automating information requests and monitoring customer data against risk criteria.
Funding
$7.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
WSFounders
Product
Problem
FinTechs face inefficiencies in merchant onboarding and business account opening due to manual processes for information requests and customer data monitoring. These manual processes lead to delays, increased operational costs, and potential compliance risks.
Solution
TransactionLink is a no-code automation platform designed to streamline the onboarding process for FinTechs. It provides customizable forms and case management tools to automate information requests and monitor customer data against risk criteria. The platform enables businesses to automate complex rules, even for edge cases, such as non-exact matches and incomplete data. TransactionLink also allows for the monitoring of existing customers for changes in registries, sanctions, PEP lists, and credit bureaus based on assigned risk levels, with custom triggers and periodic checks running in the background.
Target Audience
TransactionLink's primary customers are FinTech companies looking to streamline their merchant onboarding and business account opening processes.
Features
- Customizable forms with a white-label interface, editable with no-code.
- Case management tools for reviewing, commenting, and escalating cases, with custom workflow creation.
- Automated monitoring of existing customers for changes in registries, sanctions, and credit bureaus.
- Ability to automate complex rules for edge cases, including non-exact matches and incomplete data.
- Integrated customizable forms that can be sent out or hosted on a company's website.
- Drag-and-drop integrations with various providers.