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MAby u/mariesmith·1moQuestion

KYB checks and the evolving landscape for Asian startups onboarding foreign entities

Been thinking a lot about the nuances of Know Your Business (KYB) checks, especially for newer fintechs operating across different Asian markets. With the rise of startups in places like Singapore, Vietnam, and Indonesia, many of them are looking to onboard corporate clients from other jurisdictions, be it within Asia or further afield. The challenge seems to be keeping up with the varying documentation requirements and risk assessment methodologies across countries. Are any of you finding particular jurisdictions to be much more complex than others for KYB, or are there any emerging platforms that genuinely streamline this without compromising compliance? It feels like a significant hurdle for smaller players trying to scale regionally, and I'm curious about how others are navigating it given the increasing scrutiny on corporate transparency.

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