Weekly Stats 12/7

How many onboarding applications did we have in the last month?

• 55

• 127

• 352

• 621

Of the 621 onboarding applications created in the last month,

how many of them successfully onboarded?

• 53 (9%)

• 96 (15%)

• 189 (30%)

• 351 (57%)

296 of the 621 are still in progress.

What step are users dropping off at?

• Starting Onboarding

• KYC Personal Details

• KYC ID Docs

• Review Business Details

136 of the 621 have been declined.

What are the main reason for this?

• Individual Tax Residency

• IDV Checks

• Business Structure

• All of the above

What business types are being declined for this reason?

• Partnerships

• Trusts

• Complex Entites

• Data not accessible