14 August 2020
The Peruvian Stock Market regulator selects Lleida.net's digital onboarding technology
Madrid,14 August - The Superintendence of the Securities Market of Peru (SMV) has selected Lleida.net's eKYC Onboarding service.
The platform, developed by the Spanish listed company (BME:LLN;EPA:ALLLN), allows for the identification by videoconference in onboarding processes.
One of the most advanced platforms in the market, specially developed for the financial sector, it complies with all the European authorization of distance identification procedures.
The Superintendence, which regulates the market in the South American country, will use the remote video identification and registration service to identify new stockbrokers in the country.
The service, which is 100% digital, allows the use of a mobile phone camera or computer for identification and verification of the identity of individuals.
Technically, it requests identification documents from the user, verifies their integrity, accompanies the user to complete contracts and generates an electronic signature process, generating the documentary evidence attesting the validity of this entire process.
The main clients of this product are financial, banking, insurance or regulatory entities, which demand remote identification services.
After being grown over 380% so far this year, Lleida.net's market cap is over 77 million euros.
The company recently announced its intention to go public in the upcoming months in the NYSE, specifically in the OTCQX segment of the OTC Markets.
To meet that objective, the company's General Shareholders Meeting will meet in mid-September to vote and, if necessary, approve this new IPO.