News
Bank of Ceylon enhances KYC & KYB with Sikoia
Sikoia is thrilled to announce its new partnership with Bank of Ceylon, designed to streamline their KYC and KYB processes, enhancing efficiency and compliance.
Myos selects Sikoia to support its business growth across Europe, where Myos aims to sustain its historical growth of 100% every year. Sikoia’s API first platform will provide case management, encoding of onboarding flows, and KYB services to support customer risk management policies.
London 26th September: Sikoia, the unified data platform for financial services, today announced that it has been selected by Myos, Germany’s first asset-based finance partner for ecommerce sellers, to support the scaling of their business and operations across Europe. This agreement reflects the increasing demand across business finance providers for access to high quality, accurate data to enhance and augment their onboarding, monitoring, and risk assessment processes.
Alexis Rog, co-founder and CEO of Sikoia, said, "We're excited to be trusted by Myos to provide them with access to better data across countries and regions, helping them carry out better counterparty risk assessments. Myos can access multiple data providers through our integrated marketplace. This speaks to the quality and completeness of Sikoia's data coverage across a large number of markets, including the UK, EEA and further afield; and to the ambition and appetite of Myos for access to, and management of, such high-quality data through our integrated provider marketplace."
Benjamin Schickert, CFO at Myos, said, “Sikoia enables Myos to make better yet faster decisions in a critical domain of our business, ensuring a robust approach as we expand in Europe.”
About Sikoia:
Sikoia is a category-defining Unified Data Platform (UDP) and orchestration layer that enriches and aggregates customer data from disparate sources and systems to automate compliance and risk processes, such as customer onboarding and verification, or portfolio monitoring. Client engagement and risk operations teams use the Sikoia Portal to access a fully-enriched, 360° view of the customer, and power operational efficiencies, delivering faster decisioning and powering best-in-class customer experiences. For more information, visit www.sikoia.com
About Myos:
Myos is the first AI-based and product-backed financing provider for online sellers, without personal guarantees and with fully flexible repayment. Clients can use the platform to access financing options, including purchase, stock and cross financing. For more details, visit Myos - The First Asset-based Finance Provider
Sikoia Ltd is authorized and regulated by the Financial Conduct Authority (FCA) as an Account Information Service Provider (AISP) under the Payment Services Regulations 2017 (FRN: 942979) and as a credit reference provider (FRN: 942616). Sikoia Ltd is a credit broker and not a lender. Credit is subject to status.
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