Sweden-based electronic signature and identification solutions provider Scrive has entered a partnership with Binance to support its partner’s entry into new markets in the Nordics and Benelux. Binance is one of the world’s leading providers of blockchain infrastructure for online asset exchanges, particularly cryptocurrencies, with a 24h trading volume of 76 billion US dollars and 120 million registered users worldwide as of October 2022.
Read More: SalesTechStar Interview with Mitali Pattnaik, Sr Director of Product for LinkedIn Sales Solutions
As part of its further international expansion, Binance will use Scrive’s products, services and expertise in the areas of secure identification, login functionality and Know Your Customer (KYC) to support this market entry, starting with Sweden and Denmark. In particular, Binance uses Scrive’s eID Hub to securely and efficiently identify and confirm the identity of its customers.
Read More: How to Build ‘Smarter’ AP Systems That Do More with Less
“Whether into cryptocurrencies or other assets, investing online is one of those areas where security and trust in your service provider matter most. This is why, especially in highly regulated or very mature markets such as in the Nordics and Benelux states, service providers need to ensure secure identification processes for their users to distinguish themselves from their competitors and satisfy regulatory demands. We are therefore very happy to welcome Binance on board as a Scrive partner”, says George Amanatiadis, VP Sales and Customer Success for BFSI at Scrive.