1Point6 partners with Semaphore for it's KYB process

Semaphore is thrilled to partner with 1Point6, an innovative PSP affiliated with BNP Paribas, to power 1Point6’s advanced KYB (Know Your Business) process. While Semaphore focuses on providing real-time official data, 1Point6 uses these data points to create a seamless KYB process, designed to help digital marketplaces onboard merchants from multiple countries quickly and securely. This collaboration is built on innovation, with a strong focus on flexibility, efficiency, and ease of integration.

Delivering Real-Time Data for 1Point6’s KYB Process

As a fast-growing company, Semaphore brings a fresh approach to data provision. It supplies essential, real-time documents such as certificates of incorporation, ultimate beneficial ownership forms, and tax registration details directly from official sources worldwide. 1Point6 leverages this data to power its KYB process, enabling marketplaces to onboard merchants from various nationalities quickly and efficiently.

With broad coverage across multiple jurisdictions, Semaphore’s innovative solutions ensure that 1Point6 can seamlessly access the necessary data to maintain smooth onboarding operations for digital marketplaces.

Seamless Integration and Flexible Pricing

Semaphore’s strength lies in its simplicity. Its API is designed to be easy to integrate, allowing 1Point6 to incorporate real-time data retrieval into its platform with minimal effort. The REST API is well-documented, enabling quick and smooth implementation, so that 1Point6 can focus on delivering fast, reliable KYB solutions to its marketplace clients.

Additionally, Semaphore offers competitive and flexible pricing, making it adaptable to the needs of various businesses. Whether 1Point6 is working with a marketplace that needs to onboard a few merchants or thousands, Semaphore’s flexible pricing ensures that the data solution scales effectively, without unnecessary costs.

Enabling Growth for Digital Marketplaces

In the digital marketplace space, rapid growth often requires onboarding large numbers of merchants from different countries, which presents unique challenges. Semaphore’s extensive global coverage and efficient real-time data retrieval make it easier for 1Point6 to deliver a smooth and compliant KYB process for marketplaces of all sizes.

Through this partnership, Semaphore’s innovative data solutions enable 1Point6 to offer its clients a streamlined and scalable KYB experience, allowing marketplaces to onboard merchants confidently and efficiently, regardless of their geographic location.