Tiger Brokers signs up for TrueLayer’’s Signup product for customer onboarding


TrueLayer, Europe's leading open banking payments network, today announced that online trading platform Tiger Brokers UK Ltd is now using TrueLayer's Signup+ product to streamline customer onboarding and funding.

Tiger Brokers users in the UK can now choose the “Express” option, powered by Signup+, when creating a Tiger Brokers CFD account. Users select their bank, and their identity data then auto-populates in the form, removing the need to manually fill out personal and bank details to open their account, provided other KYC requirements have been met.

The partnership arrives at a time when users increasingly demand fast, trustworthy onboarding. A survey from TrueLayer and YouGov found that nearly two-thirds (63%) of financial services customers in the UK are only willing to spend 10 minutes creating an account before giving up.

Commenting, Mark Goater, Director at Tiger Brokers UK, said: “Finding the perfect balance between compliance and user-friendliness in the onboarding process for brokers is a significant challenge. Thanks to TrueLayer, we’ve successfully streamlined this experience. Now, Tiger Brokers UK clients can enjoy a more efficient onboarding and deposit process, significantly reducing the time and effort required.”

Commenting, Mariko Beising, VP Financial Services & Partnerships, said: “Now more than ever, users aren’t willing to suffer through a slow and cumbersome signup process. We’re thrilled to partner with Tiger Brokers to help make onboarding faster and simpler with Signup+ so that their users can get started on the platform as quickly as possible.”


By on Wed, 31 Jan 2024 09:29:00 GMT
Original link