r/deal-flow

Anyone else finding the KYB process with some of the newer prop firms to be a real drag lately, especially when trying to get multiple accounts set up for different strategies?

It feels like every new firm I look at for additional liquidity now has an even deeper dive into beneficial ownership and source of funds than the last, really slowing down onboarding.

Curious to hear about anyone's recent experiences with PSPs regarding their fee structures for high-volume, cross-border transactions, and more critically, how they've assessed payout reliability and dispute resolution efficiency; I'm finding quite a bit of variance and some unexpected friction points lately.

Curious to hear others' experiences navigating KYB/AML with various payment processors and brokers, particularly for entities registered in multiple jurisdictions. We're finding significant inconsistencies in document requirements and processing times, often delaying market access for new ventures. The discrepancy isn't just country-to-country, but even within providers for different service lines. Is this par for the course, or are there providers truly excelling at streamlining this for complex corporate structures?

Anyone else hitting major friction lately when trying to onboard new fund structures with traditional banking partners? It seems like every new entity, even with the same underlying beneficial owners, triggers a complete reset of the KYC/AML process, sometimes taking months. This is especially true for anything with a non-standard operating model or multiple layers of legal entities. How are you guys streamlining this without resorting to the same handful of crypto-friendly banks that might not offer the full suite of services?

We're a prop firm with decent AUM and looking to expand our execution counterparties beyond the two we currently leverage. The issue isn't finding brokers; it's the sheer friction during KYB for what feels like every single one. Even with our compliance team providing all necessary documentation upfront, the process often drags on for weeks, sometimes months, with repetitive requests for information already submitted. It's a significant time sink for senior personnel. Has anyone found a workaround or a particular tier of broker/PSP that is genuinely more efficient for established, albeit not institutional, entities? Or is this just the new norm post-MiFID II/Dodd-Frank?

Anyone else finding the KYB process for newer prop firms incredibly fragmented? Seems like every firm has a slightly different set of hoops – document validation, liveness checks, proof of address utility bills that somehow never quite meet the criteria. It's a significant time sink when trying to diversify capital across several entities. What are your biggest friction points, and have you found any firms doing it particularly well or poorly in terms of efficiency?

Anyone else finding the Know Your Business (KYB) process for new prop firm accounts to be an increasing headache lately? The documentation requirements seem to shift, and the processing times are dragging, impacting our ability to onboard new desks efficiently.

Been looking at a few of the newer generation payment service providers for handling fiat on/off-ramps for some crypto-related ventures we're working on. The fee structures look competitive, especially compared to some of the old guard, and liquidity seems decent for now. However, the onboarding and KYB processes are a nightmare. It feels like they're trying to re-invent the wheel with document requirements and verification steps that are far more onerous than traditional banking, even for straightforward corporate accounts. Is this just par for the course with anything touching crypto and fiat these days, or have some of you found providers who've actually streamlined this without compromising compliance? Curious if there's a specific angle I should be pushing from our side to make it smoother, or if it's just a case of grinding through it until they mature.

Our growing cross-border payment platform requires an advanced AML/KYC solution. Key requirements include real-time screening, UBO identification, sanctions list monitoring, and API integration capabilities. We process transactions in multiple currencies across ~50 countries. Seeking proposals from established vendors. Please provide brief overview of your solution and contact for RFP document.

Our early-stage fintech SaaS, focused on democratizing access to supply chain finance for SMEs, is opening its seed round. We have a working MVP, several pilot clients, and significant traction in a niche B2B market. Seeking strategic investors who bring not just capital, but also network and expertise in fintech/enterprise software. Deck available upon request after initial intro.

We're expanding our private client services for HNWIs and corporations in APAC, focusing on asset protection, estate planning, and tax-efficient structures. Currently seeking introductions to reliable offshore banks and trust companies with strong compliance frameworks in jurisdictions such as Cayman, BVI, Singapore, and Switzerland. Particularly interested in those with robust digital onboarding capabilities. DM me for a detailed discussion.

สวัสดีครับ พอดีกำลังศึกษาเรื่องการขอใบอนุญาตโบรกเกอร์ฟอเร็กซ์ในวานูอาตู อยากสอบถามผู้มีประสบการณ์ว่ามีข้อควรระวังหรือประเด็นสำคัญอะไรบ้างที่ต้องพิจารณาเป็นพิเศษครับ

เท่าที่ทราบคือค่อนข้างสะดวก แต่ไม่แน่ใจเรื่องความน่าเชื่อถือในระยะยาว และการเปิดบัญชีธนาคารในยุโรปหรือสิงคโปร์จะทำได้ยากไหมครับสำหรับบริษัทที่จดทะเบียนที่นั่น ขอบคุณล่วงหน้าครับ

Finding reliable and reasonably priced merchant account solutions for certain 'high-risk' industries (e.g., online gaming, adult entertainment, specific digital services) remains a persistent challenge. Any recommendations for banks or payment processors that have a more pragmatic approach to underwriting these sectors, particularly for businesses incorporated offshore?

There's growing interest in Seychelles for VASP licensing, given its flexible regulatory framework. However, potential applicants should be aware of the practicalities surrounding correspondent banking relationships. While the FSA is accommodating, securing reliable banking for crypto-related businesses remains a significant hurdle. Many traditional banks are still hesitant, leading to reliance on a limited number of specialized institutions.

It's a critical point often overlooked in initial planning. Does anyone have recent positive experiences or recommendations for banking partners for Seychelles-registered VASPs?

As a firm specializing in multi-jurisdictional company formation and corporate structuring, we're always looking to expand our network of local agents and legal partners. If you provide registered agent services, corporate secretarial services, or local legal counsel in reputable jurisdictions (e.g., Hong Kong, Singapore, UAE, UK, US Delaware/Wyoming), please get in touch.

We're expanding our institutional OTC desk and seeking new liquidity providers for major FX pairs ($EURUSD, $GBPUSD, $USDJPY) and primary cryptocurrencies ($BTC, $ETH). Looking for competitive spreads, reliable API connectivity (FIX/REST), and robust risk management. Minimum ticket sizes typically $1M+. Please reach out if this aligns with your capabilities.

The progression of various CBDC pilots (e.g., Project mBridge, Digital Euro, e-Naira) is fascinating. What are your thoughts on their potential long-term impact on the traditional correspondent banking network? Could they streamline cross-border payments or create new compliance headaches?

Our neobank is seeking a partner to enhance our fraud detection capabilities using advanced data analytics and machine learning. We have a rich dataset but lack the specialized ML expertise in-house. Interested in solutions that can provide predictive insights, reduce false positives, and adapt to evolving fraud patterns.

For those interested in offshore corporate structuring, particularly in Belize, I've noticed a slight but consistent increase in the timeline for IFZA/IEC registrations over the last quarter. Previously, we could reliably expect approvals within 3-4 weeks for complete applications. We're now seeing some cases extend to 5-6 weeks, primarily due to heightened due diligence requirements at the registrar level.

My advice remains: plan ahead, ensure all UBO documentation is impeccable, and anticipate potential follow-up requests. Has anyone else observed similar delays in other jurisdictions like Nevis or BVI?

Our decentralized finance protocol is launching its mainnet next quarter, focusing on capital-efficient lending and borrowing. We are actively seeking institutional liquidity providers to bootstrap our pools. Our smart contracts have undergone multiple audits, and we offer a novel risk management framework designed to attract serious capital.

Key areas we need LPs for:

• Stablecoin pools ($USDT, $USDC, $DAI)
• Major crypto assets ($ETH, $WBTC)

Interested parties with substantial on-chain capital are encouraged to connect for detailed protocol documentation and potential terms.

Our fintech startup is building an embedded finance solution for small to medium-sized businesses, focusing on integrating treasury management and working capital tools directly into existing ERP/accounting platforms. We're currently seeking partnerships with:

1. Banking-as-a-Service (BaaS) providers: To power account issuance, payment rails, and lending capabilities.
2. API-first data providers: For real-time financial data aggregation and analysis.

If your platform aligns with our vision of seamless, intelligent financial services for SMBs, please reach out. We're open to various collaboration models.

เรากำลังพิจารณาเปิดสำนักงานในกรุงเทพฯ และมองหาธนาคารในประเทศไทยที่สามารถให้บริการบัญชีสำหรับบริษัทต่างชาติได้ง่าย มีประสบการณ์ในการจัดการกับธุรกรรมระหว่างประเทศและมีความเข้าใจในข้อกำหนดการแลกเปลี่ยนเงินตราต่างประเทศ ขอคำแนะนำจากผู้ที่มีประสบการณ์ครับ

Developing a novel DeFi protocol targeting institutional lending with on-chain credit scoring and asset-backed tokens. Seeking co-founders with strong backgrounds in: 1. Smart Contract Development (Solidity/Rust) and auditing, 2. Institutional Sales/BD for traditional finance, 3. Legal/Regulatory expertise in digital assets. This is a serious venture, not a meme coin.

Our platform is looking to integrate with additional open banking APIs to enhance data aggregation and payment initiation services for SMEs. We're interested in partnerships with banks or fintechs that have mature, well-documented APIs and are open to collaborative development. Focus on EU/UK initially, but open to other regions. What are your experiences with specific providers?

The regulatory environment for DASPs is rapidly evolving globally. With MiCA coming into full effect in the EU, and varying approaches from FINRA, MAS, HKMA, etc., navigating compliance is a significant challenge. How are others in the space structuring their operations to meet multi-jurisdictional requirements? Specifically interested in licensing and capital requirements for tokenization platforms.

We're a registered entity seeking introductions to payment processors that are comfortable onboarding high-risk merchant accounts, specifically in the Forex and Crypto trading space. Our current provider is becoming increasingly restrictive, impacting our ability to scale. Looking for processors with a proven track record, competitive rates, and robust fraud prevention.

Key requirements:

• Ability to handle significant transaction volumes.
• Experience with multi-currency settlements.
• API-driven integration preferred.

Any recommendations or direct contacts would be greatly appreciated. DM me if you have relevant experience.