Sumsub secures instant money transfers for expats
Europe Paytech Trending and Sumsub Partnership Uses Liveness Detection To Secure Expat Money Transfers

Identity verification platform Sumsub has teamed up with to provide instant money transfers backed up by one-minute identity checks to help expats send money to their home countries using local payment methods., a Warsaw-based instant money transfers fintech, has plumped for Sumsub‘s ‘quick and secure know your customer (KYC) service’ that ‘singles out fraudsters and any money laundering attempts’.

According to Spoko app, it addresses the need of the 1.7 billion adults worldwide with no access to bank accounts by enabling international instant money transfers using local payment methods. It currently boasts 500,000 users who can receive money in 50,000 locations either through bank accounts, credit cards, e-wallets, or in cash.

London-based Sumsub’s checks consist of ID and biometric verification that usually takes around one minute to complete. In addition, Sumsub ensures that’s onboarding routine is fully compliant with international standards, as well as with local regulations in the countries where they operate.

‘Global expansion is not possible without top partners,” says Evgeny Chamtonau, CEO of “ reached 500.000 expats already and the scale of our business is gaining momentum. Thanks to Sumsub’s proven technology of KYC we are confident that our clients receive the best possible solution for mobile money transfers. Sumsub allows’s users to send their money under fully safe conditions wherever they are.”

Jacob Sever, co-founder of Sumsub, added: “ does a tremendous job by making money transfers possible for millions of people faced with bank account inaccessibility or other financial challenges. We want to support their efforts by making sure their verification procedures are compliant with local and international laws and regulations. This way, can instead focus on reaching more people and markets going forward.”

Earlier this month, also partnered with to focus on integrating the payment methods available on the markets where the fintech operates.


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