Know your business customers from the first registry lookup
Bits pulls company data from official registries, maps ownership layer by layer and screens every person behind the business, inside one onboarding flow.
What’s included
Registry data built in
Company details, legal forms, statuses and industry codes come straight from registries such as Bolagsverket, YTJ, Brønnøysundsregistrene, Companies House and the German company register.
Ownership and UBOs
Bits maps the ownership structure, identifies ultimate beneficial owners and places board members, signatories and senior managing officials in the right roles.
Signing authority
Bits works out who can sign for a company, including joint signing rules and power of attorney, for Sweden, Norway, Finland, Denmark and Germany.
Screening on every stakeholder
The company, its owners and its representatives are screened against PEP, sanctions and adverse media lists as part of the flow.
Multi-check KYB
Layer several verification checks in one onboarding procedure, and change them when new risks appear.
Company documents
Company documents are fetched from registries and stored with their document type, ready for review.
Questions
Short answers about KYB
Which countries does KYB cover?
Can applicants add representatives manually?
Does KYB feed the risk score?
More in Onboarding
KYC and identity verification
Verify people with the eIDs and documents they already use
No-code onboarding flows
Build onboarding flows without writing code
Questionnaires
Ask the right questions, and score the answers
Theming
Onboarding that looks like your product
Documents and e-signing
Collect, review and sign documents in the flow
Bank account verification
Confirm the bank account behind every customer
