Shares.io selects Fourthline for its KYC procedures 

Shares.com was created by Benjamin Chemla, a successful entrepreneur, with a clear mission: to give everyone the means to become a better investor to build a solid financial future. To democratize investing, the platform allows individuals to invest starting from €1, directly from their smartphone, with the ability to interact with other users or invest together through investor communities. This original concept attracted Venus and Serena Williams, who announced this summer their support for Shares as ambassadors. 

Regulated in France, Shares.io is also present in the United Kingdom and intends to position itself as a major player in other European countries. To comply with regulatory requirements that vary from country to country within the European Union, the platform has chosen Fourthline to support its international development and ensure onboarding procedures for its own clients. 

Specializing in KYC (Know Your Customer) and AML (Anti Money Laundering) procedures, Fourthline has positioned itself from the start to adapt its solutions according to regulators' demands throughout Europe. Through a single API, financial institutions can access all technological building blocks: identity document verification, electronic signature authentication (QES or qualified electronic signature), biometric data analysis, and use of Fourthline's OCR (optical character recognition) model to detect potential manipulations. This strategy, which meets local regulatory requirements, has allowed the fintech to become the preferred partner for rapidly growing financial players. 

Benjamin Chemla, CEO of Shares, states: "Shares.io has great international development ambitions. Combining compliance with various regulations and a customer experience meeting the highest standards proves to be both essential and complex, and we are happy to rely on Fourthline to meet this challenge." 

Krik Gunning, Co-founder and CEO of Fourthline, adds: "Fourthline has built its API technology suite with one obsession: offering all the necessary blocks to comply with local regulations while ensuring a smooth customer experience, allowing financial institutions to focus on their value proposition to their own customers. After Qonto and Shine, we are pleased to count Shares.io among the most prominent French players using Fourthline to maintain compliance."