EstateGuru is a leading European marketplace that connects investors and entrepreneurs who need short-term loans for real estate projects. It networks 15,000+ investors from 45 countries.
The platform onboards new investors every day. Each person needs to be verified to make sure the person really is who they claim to be. Kristjan Toop, the Digital Marketing Manager at EstateGuru, said that the company uses Veriff to gain full confidence in verification quality. “A human eye makes mistakes,” he said. “Veriff provides us with confidence. Trust is key in the financial sector.”
Estateguru still processes about 30 percent of the documents manually because some investors don’t have webcams. The company projects a steady decrease in manual verifications as mobile devices without an integrated camera are a dying breed.
The decision to choose Veriff was made because of its customer-focused approach. “They were super-friendly and cooperative from the start,” Toop said. “And onboarding was easy – integrating Veriff to a platform can be done in a few days. Our business is scaling P2P investments, and we can expand aggressively while having a full confidence that we know who our customers are.”