Customer storyEU fintechFinom
Real-time website verification for KYB onboarding
Finom is a European financial platform for entrepreneurs. During KYB onboarding, Extruct's API resolves each applicant's official website in real time: one of the signals feeding Finom's compliance pipeline, live across Europe.
- Precision on Finom's KYB benchmark
- 94%
- Of production onboarding traffic
- 100%
- Countries live across Europe
- 5
The work
Resolving the applicant's official website
Onboarding a new business client raises a question that sounds simple but isn't: what's the company's official website?
For Finom's customer base of freelancers, micro-companies, and small businesses across Europe, finding that website is one of the hardest problems in enrichment. Thin web presences. Shared names. Companies that only exist in government registries.
The requirement
Raising the bar on enrichment precision
Finom's KYB pipeline needs website resolution that either commits with high confidence or abstains. On the applicant base of freelancers, micro-companies, and thin web presences, that's a hard bar to hit.
Finom benchmarked candidate systems against internal data to find one that met it: a system that would abstain when evidence is thin, not guess.
What changed
Benchmark, tune, ship
Finom brought their data to Extruct. We benchmarked on their applicant base, and Extruct reached 94% precision.
From there we tuned to Finom's use case. Extruct is now live in Finom's onboarding, processing new business clients in real time.
“Right answer or no answer. That's what we needed, and Extruct's approach fit the requirement.”
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