Jumio, Monzo Partnership Grows to New Heights
Summary
Jumio has been Monzo’s primary identity verification solution provider since 2017, and the two companies have worked since day one to offer an easy-to-use, intuitive mobile onboarding experience for Monzo’s customers — a user base that is nearing 2 million. Monzo decided to strengthen its relationship with Jumio after considering and testing various KYC vendors at scale using a range of ID types and identity scenarios. “Digital transformation is imperative for emerging banks and fintechs seeking to keep up with the needs of consumers, which is why it’s so important to adopt an automated KYC process,” said Simon Winchester, Jumio’s vice president of EMEA sales. “We’re thrilled that Monzo continues to partner with us and trusts Jumio to execute this essential step while also creating a streamlined onboarding experience for their ever-growing number of new users.” Jumio’s solutions are used by leading companies in the financial services, sharing economy, digital currency, retail, travel and online gaming sectors.
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