Propetly partners with Sumsub

Wednesday 14 April 2021 12:25 CET | News

Propetly, a marketplace for buying and selling investment properties, has partnered with Sumsub, an identity verification solution.

Propetly is a platform that automates investment property transactions in the UK. It helps buyers analyse market offers and invest by providing AI-generated summary reports on land for development, property refurbishments, and buy-to-let properties. For estate agents, the platform is a hub for managing properties, as well as creating and sharing presentations with potential buyers.

Because Propetly sought to automate a market that, according to the official press release, hasn't changed for 30 years, they needed an onboarding solution that was offered by Sumsub which ensures that this process is in-line with UK regulations. In addition, Sumsub has provided Propetly with a KYB solution, ensuring that onboarded real estate companies are trustworthy and don’t pose any risks.

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Keywords: partnership, investment, identity verification, artificial intelligence, digital onboarding, regulation, KYB
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: United Kingdom
This article is part of category

Securing Transactions