Create New Profile

Fondy offers two options for onboarding merchants, sellers, or partners:

Option 1 – Fully Integrated Onboarding

Use our hosted pages for a seamless onboarding experience. This option enables platforms and marketplaces to utilise Fondy's compliance services for KYC (Know Your Customer) and KYB (Know Your Business). Our comprehensive solution collects profile information and documentation, performing all required legal checks to ensure compliance. This provides a complete and secure user experience flow, making it straightforward to onboard new profiles.

Create a New Profile: Call our Compliance API to create a new profile by providing basic information such as the name, email address, business profile, and telephone number.
Receive Onboarding Link: A link to the onboarding page will be forwarded to the platform.
Redirect Client: The platform redirects the client to the onboarding page, where they will:
- Upload their business details.
- Upload the required compliance documentation.
Compliance Checks: Once all the information is provided, Fondy conducts comprehensive KYC and KYB checks along with regulatory compliance adherence.
Update Profile Status: The profile status will be updated based on the results of the checks.
Link Legal Identities: All legal identities related to the profile will be automatically linked.

All KYC/KYB details for a specific Profile ID can be accessed through the Identity API, using the Identity_ID provided in the response under "linked_identities".

Compliance API – Create Profile request example

Option 2 - The platform is responsible for the onboarding and respective compliance due-diligence.

In this setup, the platform/marketplace takes full responsibility for onboarding their users and meeting KYC/KYB compliance requirements. After performing all due diligence, the platform/marketplace must submit all onboarding details for each business or individual.

The platform/marketplace onboards new users and completes all necessary compliance requirements and KYC/KYB checks.
After fulfilling the regulatory requirements, the platform must register each legal entity related to the business or individual with Fondy via our Identity API, providing their respective details and the results of the KYC/KYB checks.
When the identity details are provided, a new profile is automatically created.
Important: The platform/marketplace will undergo a due-diligence process conducted by Fondy to ensure all necessary regulatory steps are in place.

Important: Fondy will conduct a due-diligence process for the platform/marketplace to ensure all regulatory requirements are thoroughly met.

Identity API – Create Identity