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Travel Money Club selects Onfido identity verification tech for customer onboarding


Onfido has partnered with Travel Money Club and will deploy its machine learning-based identity verification technology to enable Travel Money Club to offer its currency exchange service to more users as it continues to scale.

Travel Money Club offers currency exchange to its users via fully insured, next day delivery service and needed a fast and secure way to meet its compliance requirements. Onfido’s identity verification solution enables the currency exchange platform to meet its compliance requirements and fulfill next-day delivery by rapidly onboarding new users with automated KYC.

“Since partnering with Onfido, we’ve seen a significant increase in the number of people we’re able to securely verify and onboard, helping us scale,” commented Don Clark, Chairman of Travel Money Club. “And for our users, the process is seamless – most sail through without any impact on their experience.”

“Meeting compliance challenges without sacrificing on customer experience is a tough balance to strike, but one that’s increasingly important in our online world,” added Husayn Kassai, CEO of Onfido. “We look forward to working together as Travel Money Club continues to scale.”

Onfido has been adding to its senior leadership team as it expands into further global territories. The identity verification provider has received over $60M in funding from investors including M12, Salesforce Ventures and Idinvest Partners and carries out identity checks in 192 countries.

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