London, October 16, 2024 — ComplyCube, a prominent player in the global Anti-Money Laundering (AML) and Know Your Customer (KYC) space, has announced a partnership with InvestaX, a Singapore-based leader in Tokenization SaaS. This collaboration aims to enhance InvestaX’s compliance and KYC processes, ensuring smooth and secure onboarding for professional investors while bolstering the platform’s scalability and commitment to regulatory standards.
Empowering Tokenization with Scalable Compliance
InvestaX is at the forefront of digital asset innovation, enabling businesses and asset managers to tokenize, trade, and lend real-world asset (RWA) tokens internationally. Licensed by the Monetary Authority of Singapore (MAS) as both a Capital Markets Service and a Recognized Market Operator, InvestaX offers a secure gateway for institutional investors, family offices, and asset managers to access global markets. As InvestaX expands, the need for a robust and scalable compliance solution is critical.
To address these challenges, InvestaX has chosen to partner with ComplyCube due to its competitive pricing, global reach, user-friendly API, and real-time verification capabilities. Through this partnership, InvestaX will leverage ComplyCube’s advanced KYC services, including document and biometric verification, proof of address checks, and extensive AML screening. These features will enhance the platform’s compliance infrastructure while delivering an exceptional user experience.
Enhancing Efficiency with Real-Time Verification
Nishtha Pandey, Chief Legal & Compliance Officer / Partner at InvestaX, expressed her enthusiasm: “We are thrilled to partner with ComplyCube to enhance our compliance and KYC processes at InvestaX. This collaboration ensures that we continue to meet the highest regulatory standards while providing our users with a seamless and secure onboarding experience. By integrating ComplyCube’s advanced verification technology, we strengthen our commitment to operational efficiency and global scalability, empowering us to better serve our growing base of professional investors.”
With ComplyCube’s real-time verification technology in place, InvestaX can now swiftly onboard users while maintaining the highest standards of security and regulatory compliance across multiple jurisdictions. The integration allows the platform to easily process complex regulatory checks, ensuring compliance with international regulatory frameworks.
Dr. Tarek Nechma, CEO of ComplyCube, highlighted the partnership’s significance: “The collaboration with InvestaX demonstrates the impact of innovative compliance solutions in the fast-evolving digital asset space. By incorporating our advanced KYC and AML tools, InvestaX can maintain its leadership position in tokenization while ensuring transparency and security. We’re excited to support InvestaX’s mission to transform global markets through digital asset tokenization.”
Elevating Compliance for Global Market Expansion
ComplyCube’s comprehensive KYC services, including document and biometric verification, proof of address checks, and AML screening, are crucial for InvestaX’s global expansion. These tools enable InvestaX to scale its operations while adhering to stringent regulatory requirements. The partnership not only enhances InvestaX’s compliance framework but also solidifies its standing as a leader in tokenization and real-world asset trading.
Harry Varatharasan, Chief Product Officer at ComplyCube, added: “We’re proud to contribute to the success of InvestaX by integrating our real-time KYC and AML solutions. This partnership is about more than compliance—it’s about providing a seamless investor experience that prioritizes security, efficiency, and trust on a global level.”
About ComplyCube
ComplyCube is a UK DIATF-certified global leader in Identity Verification (IDV), Anti-Money Laundering, and Know Your Customer compliance solutions. With flexible and robust SDKs and APIs, ComplyCube’s solutions are trusted by companies across the crypto industry and more to navigate complex compliance requirements. The ISO-certified company is committed to helping businesses enhance client acquisition and meet evolving regulatory demands.
About InvestaX
InvestaX is a pioneering Tokenization SaaS platform licensed by the Monetary Authority of Singapore (MAS), providing companies and asset managers with the ability to tokenize, trade, and lend real-world asset tokens on a global scale. With a Capital Markets Services license and a Recognized Market Operator license, InvestaX is a trusted gateway to global markets, offering cutting-edge solutions for institutional investors, family offices, and asset managers.
