Currently, the embedded financial services are offered only to organisations of the following types (legal forms of the company/organisation):
Private limited liability company (Ltd Co / LLC/ inc / GmbH)
Partnerships (including Scottish limited partnership (SLP))
Public limited company (plc)
Sole traders (currently applicable to the UK and Italy only)
Onboarding and KYB cannot be offered to other organisation types.
Frequently encountered organisation or business types which are NOT supported for KYB include:
Non-profit organisation (please enquire based on jurisdiction)
Educational establishment
Trust
Unincorporated trust or foundation
Sports club
Governmental body
Organisation under a royal charter
Industrial and provident society
Private company limited by guarantee
Fund
Special Purpose Vehicle
Housing association
Companies in liquidation, administration, or receivership (LARs)
For other onboarding businesses/organisations from the not-supported list above, please contact us.