ONE partners with regtech provider Know Your Customer

Formerly known as AIMS, ONE rebranded as part of its plan to launch a number of new products and services in the future

ONE, a fintech focused on serving the payments, FX and crypto needs of corporate clients, has teamed up with regtech provider Know Your Customer following a major rebrand. 

The UK-based company said in a statement that the partnership will “deliver a more seamless onboarding experience” to its corporate clients, by “streamlining” the process. 

Founded in 2017 as an OTC digital asset trading desk, ONE now provides payments, foreign exchange and crypto trading solutions worldwide to clients in the gambling and sports betting, cryptoasset, and offshore sectors. 

Previously known as AIMS, ONE rebranded as part of its plan to launch a number of new products and services in the future. 

Explaining what Know Your Customer will achieve for ONE, Kathryn Willis, the fintech’s managing director and group head of compliance, commented: “By working with Know Your Customer, we have developed a world-class onboarding tool which is commended by our financial crime auditors.  

“At a glance of a screen, we can visualise a customer’s entire corporate structure, risk profile and AML screening results, while also having immediate access to the corresponding records. 

“This allows us to streamline our compliance processes, and automate key management information, demonstrating the real benefits regtech solutions like Know Your Customer can bring to a business.” 

Claus Christensen, chief executive officer and co-founder of Know Your Customer, added: “At Know Your Customer, we have seen time and time again that true customer-centricity starts with onboarding.  

“In fact, as the initial phase of all business relationships, onboarding represents a crucial step for any fintech or financial services provider. We are delighted to be working with ONE to help incorporate the human touch into this often-overlooked process.” 

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Josh Poyser Josh Poyser is an editor at FinTech Intel. He has written about fintech for several years and appeared at FinTech Connect 2023 on the 'Unlocking Success: The Art of Fintech PR' panel.