KYC and Compliance - bygora

KYC and Compliance

The bygora Marketplace is created to build trust between the buyers and suppliers on the platform. We make sure every company on the bygora platforms is trustworthy and sustainable.

kyc bygora

"bygora is the platform for sustainable companies. Every company goes through a background check to prove trustworthiness and sustainability."

We partnered with the leading verification provider globally!

We want to make sure, that every customer and every supplier joining the bygora platforms is real and trustworthy. This is why we have partnered with the leading global identity and business verification provider specializing in anti-money laundring (AML) and Know Your Customer (KYC) compliance.
Each onboarding process we do is based on over 400 data sources globally. With access to 5 billion people, 330 million businesses and more than 195 countries, Trulioo provides a strong source for a high quality output of verification.
Step 1

E-Mail Verification

The first step in the user verification is to prevent bots from entering the marketplace. We check the e-mail address through a verification link and use Google reCAPTCHA as an additional verification on multiple places in the platform.
Step 1
Step 2

Identity Verification

Next in the onboarding process is the identity verification. This is part of the Know Your Customer (KYC) process. Depending on the country of the client, we will conduct an additional ID document verification check.
Step 2
Step 3

Watchlist Screening

We want all our users to be able to trust each other from the start. For this purpose we do an additional Anti-Money Laundring (AML) watchlist screening with our partner Trulioo. This will be done automatically and you do not have to give us additional information.
Step 3
Step 4

Business Verification

Finally, we do the most important step in the verification process: the Business Verification. Here, each business is checked to see if it exists, if it is on any watchlist or involved in fraudulent activities and we check if the company is sustainable. After passing this check, the technical onboarding of a company can start and the user can start trading.
Step 4
To learn more about the processing of personal data in the course of the KYC-Check, please see our Privacy Policy.

State of the art anti-fraud system

Document management is a big part of B2B trade. We developed a new anti-fraud system using the same technology that is used on blockchains.

The system keeps document information secure, organized and attached to orders. The documents can only be updated – not altered, which prevents fraudulent activities and saves all data in 1 place.

Traceable B2B Negotiation

Contracts in B2B are based on negotiations. In case of a dispute, the details of the negotiation are often hard to prove, as they were discussed on the phone, email, in meetings or via messengers.

On the bygora marketplace, the message center is used for contract negotiation. When an order is complete, the full negotiation with all its details can be saved as a PDF making it easy to document all the details of a contract.

With our anti-fraud document software, that negotiation file can not be altered or tempered with so your data is secure.

Scale your business & reach new customers

With unlimited product uploads, hundreds of features, and real-time industry news access, what’s not to love? Leave complications behind!
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Trusted by over 260 customers across our platforms worldwide.

With our full-service SaaS Platforms, we happily serve our clients with trading opportunities, data and information research, and advertising options. And there is more to come! 

Join before December 2022 and try out the marketplace for 12 months for just 1USD/month!

After that you are only paying 699USD/month as a supplier. Pure buyer accounts are free.

Say goodbye to dependencies,  payment risks and paperwork. Join the leading B2B Marketplace in the novel ingredient industry and start connecting to new buyers today.

Extra Benefits

Access to realtime Industry News
Discount on Industry Webinars
Free from dependencies
Access to Market Intelligence
Global Reach and Visibility
Worlds most Secure Payment
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