Data security
Our servers are secured and located in Germany. We comply with the EU General Data Protection Regulation (GDPR).
For payment & e-money
Meet GwG & KYC obligations in an audit-proof way
- Audit-proof fulfillment of all GwG obligations
- 360° view of all clients, including real-time collaboration
- maximum efficiency through automated workflows
- tailor the platform to your needs
KYX
Run client, merchant, customer, investor or buyer KYC flexibly for legal entities or natural persons and document it in an audit-proof way
360°
A view of all your clients and their documents, tasks, master data, contacts and events.
90%
Less workload for your professionals
Plug & play digitization
With BetterCo, you finally no longer have to compromise between efficient legal compliance and an exceptional digital client experience.
Lead capture
Onboard customers in hours, not weeks.
Your customer fills out the digital questionnaire themselves – via your website or a magic link. Around 80% of the details come pre-filled from the commercial register, and the matter lands directly in your systems.
- Digital questionnaire
- Magic Link
- Commercial register retrieval
- Handover to your systems
Customer onboarding & KYC
A complete KYC file, five times faster.
For natural persons and legal entities: shareholdings and beneficial owners are determined from the commercial register and Transparency Register, documents are loaded automatically, and the KYC report builds itself.
- KYC / KYB
- UBO identification
- Transparency Register
- Conflict check
- KYC report
Identification & signatures
Verify identity, sign digitally.
IDs are read automatically, video ident via Identify is GwG-compliant, and your customer signs powers of attorney or contracts digitally – with no media breaks.
- ID OCR
- Video ident
- Digital signature
- Consents
Compliance & risk
Assess risk, derive obligations.
The AML engine rates every customer across the risk categories, screens against PEP, sanctions and adverse media lists, and automatically derives due diligence obligations and review cycles.
- Risk assessment
- AML screening
- Due diligence obligations
- Risk report
Smart collaboration
Collaborate like in a shared document.
Tasks, documents and chat live in the digital matter file. Your customer works along in real time, and every step is automatically recorded in the audit trail.
- Digital matter file
- Tasks
- Chat
- Audit trail
Ongoing monitoring
Always ready to provide information.
The event ticker reports changes in the commercial register and Transparency Register, expiring documents and AML hits in real time – re-KYCs are triggered in good time.
- Event ticker
- AML alerts
- Re-KYC
- Org charts & cap tables
Implemented to a high security standard
Encryption in transit
All information and data is transmitted to our servers encrypted via the TLS protocol, so no one can intercept it.
Encryption at rest
All data is stored encrypted on our servers using the RSA and AES protocols, so no one can read it without authorization.
Audit-proof, GoBD-compliant archiving
We store all data and documents in an audit-proof, GoBD-compliant manner for complete traceability.
State of the art
Our system architecture follows a "multi-tenancy by design" approach, which makes it much easier to deliver state-of-the-art security for all customers.
Code reviews and secure development
Our development and release processes follow OWASP recommendations, including code security reviews.
Your benefits with BetterCo
Increase productivity and reduce workload
- 5x faster due diligence and onboarding
- up to 90% higher productivity and less workload for professionals
- Management focus on value instead of administration
Achieve reliable compliance
- audit-proof fulfillment of all compliance obligations (entity management, AML, ESG, SCA, …)
- Able to provide evidence and information to supervisory authorities
Client retention: digitalize, collaborate, delight
- fully digitalized, KYC-compliant customer journey
- significantly higher client loyalty through transparency and collaboration
Innovative with cutting-edge technology
- 360° view of all clients and their contacts
- Transparency on risk position and process performance at all times
- Open interfaces for integration via API or import / export
The benefits for your clients
- maximum flexibility and location independence with a fully digitalized customer journey
- significantly higher client loyalty through transparency and collaboration
- more client service & less administration
What our customers say
With BetterCo, we save enormous amounts of time and money on KYC onboarding and risk assessment of our clients, signing the engagement agreement and ongoing AML monitoring. Our clients appreciate the short turnaround times, and we no longer have to play email ping-pong.
Helder Schnittker Managing Partner, YPOG Partnership Berlin 
As investment bankers, we are subject to the GwG for our strategy and M&A advisory services. With BetterCo, our teams can collect the required KYC data completely and quickly with ease. BetterCo also actively informs us about changes affecting our clients.
Falk Müller-Veerse Managing Partner, Bryan Garnier & Co, Munich 
Breaches of GwG obligations are strictly penalized by the competent supervisory authorities. With BetterCo's KYC workflows, we can prove at any time that we have met our due diligence obligations and fulfill the record-keeping and retention obligations under the GwG.
Karin Arnold Lawyer and notary, Arnold Anwälte Berlin