Top 5 KYB Onboarding Software (EU Edition: 2026)

If you operate a regulated business in the EU, KYB is not optional.

Whether you're a PSP, EMI, crypto platform, iGaming operator, fintech, or corporate service provider, you are legally required to verify the businesses you onboard. Under frameworks such as the EU Anti-Money Laundering Directives (AMLD) and local regulatory implementations across EU Member States, you must:

• Identify and verify the legal entity

• Identify and verify Ultimate Beneficial Owners (UBOs)

• Assess risk exposure

• Monitor ongoing changes

• Maintain audit-ready records

And increasingly, regulators expect this to be systematic, traceable, and defensible.

This is where KYB onboarding software becomes mission-critical.

But not all tools are built the same. Some focus on identity verification. Others focus on document workflows. Others are designed for Tier-1 banks with long implementation cycles.

This guide compares the Top 5 KYB onboarding software solutions in 2026, specifically with EU regulated businesses in mind.

We will cover: What each tool does, where it wins, strengths, limitations, and who it is best for

What KYB Onboarding Software Actually Needs to Solve in the EU

Before comparing vendors, it is important to clarify the real problem.

In the EU regulatory environment, KYB onboarding must achieve three things simultaneously:

First, it must ensure accurate identification and verification of the corporate customer and its beneficial owners. This includes registry checks, UBO identification, sanctions screening, and risk classification.

Second, it must document the decision-making process. Regulators do not only assess whether checks were performed. They assess whether your risk assessment was proportionate, consistent, and documented.

Third, it must support ongoing monitoring. Changes in ownership, sanctions lists, or risk exposure must be detectable and traceable.

In practical terms, this means effective KYB onboarding software should support:

• Structured data collection from business clients

• UBO identification and verification workflows

• Sanctions and PEP screening

• Risk scoring frameworks

• Centralised document management

• Clear audit logs with timestamps and user actions

• Ongoing monitoring capabilities
  
  
  

The weight placed on each of these components depends on your business model. A high-volume fintech onboarding SMEs digitally has different needs compared to a corporate service provider onboarding complex holding structures.

With that context in mind, let us look at the tools.

1. Sumsub

Website: https://sumsub.com

Sumsub is widely known as a global identity verification platform offering KYC, KYB, AML screening, transaction monitoring, and fraud prevention tools. It positions itself as an all-in-one verification infrastructure for digital businesses.

From a KYB perspective, Sumsub provides business verification, beneficial ownership checks, sanctions and PEP screening, and risk assessment features. It is designed to integrate into digital onboarding journeys via API, making it suitable for companies that want automated, real-time verification embedded directly into user flows.

Where Sumsub stands out is in combining KYC and KYB under one platform. For fintechs, crypto platforms, and online services operating across multiple jurisdictions, this unified approach reduces vendor fragmentation. Instead of managing separate systems for individual and corporate due diligence, compliance teams can centralise screening and monitoring.

Its strengths include global coverage, scalable API integration, and embedded AML tools. For digital businesses prioritising speed and automated decisioning, Sumsub provides infrastructure that aligns with real-time onboarding.

However, it is important to understand its orientation. Sumsub is fundamentally verification-centric. While it supports documentation and monitoring, organisations that require structured internal compliance workflows, document governance frameworks, and detailed audit-oriented onboarding processes may need complementary systems or deeper configuration.

Sumsub is best suited for fintechs, crypto asset service providers, and digital platforms that prioritise scalable identity and business verification across jurisdictions.

2. SpeedyDD

Website: https://speedydd.com

SpeedyDD approaches KYB from a different angle. It focuses on automated onboarding workflows, document lifecycle management, and audit readiness.

Its core premise is that many regulated EU businesses do not struggle only with identifying clients. They struggle with maintaining control over onboarding documentation, tracking approvals, centralising risk assessments, and preparing for supervisory reviews.

SpeedyDD provides structured onboarding flows, centralised document repositories, UBO tracking, risk classification frameworks, and detailed audit logs, while simplifying KYC/KYB screening and identity verification. It is built with regulated industries in mind, including corporate service providers, PSPs, EMIs, and iGaming operators.

The strength of this approach lies in governance and visibility. When regulators conduct inspections, they typically ask for:

• Evidence of due diligence

• Risk assessment documentation

• Approval records

• Ongoing monitoring evidence

• Clear audit trails

Tools focused on workflow and document management are designed to make this defensibility systematic rather than reactive.

SpeedyDD is best suited for EU-regulated organisations facing audit pressure, high onboarding volumes, or internal process fragmentation. For teams overwhelmed by document chaos and approval bottlenecks, workflow-centric KYB infrastructure becomes particularly relevant.

3. Fenergo

Website: https://www.fenergo.com

Fenergo is a well-established client lifecycle management and regulatory onboarding platform serving large financial institutions. It is commonly associated with Tier-1 banks and multinational financial groups.

Fenergo’s platform covers client lifecycle management, KYC and KYB onboarding, regulatory compliance, and ongoing client monitoring. It is designed to handle highly complex ownership structures, multi-jurisdiction regulatory obligations, and sophisticated risk frameworks.

Where Fenergo excels is in enterprise-grade configurability. Large financial institutions operating across continents often require highly customised workflows, multi-layer approvals, and deep regulatory logic. Fenergo’s architecture supports this scale and complexity.

Its strengths include maturity, configurability, and enterprise robustness. It is capable of supporting institutions with thousands of employees and highly intricate client hierarchies.

However, that level of sophistication often comes with longer implementation cycles and significant resource requirements. For mid-market fintechs or smaller regulated entities, it may be operationally heavier than necessary.

Fenergo is best suited for Tier-1 banks and large multinational financial institutions with complex regulatory footprints and extensive client portfolios.

4. Binderr

Website: https://www.binderr.com

Binderr is a compliance-focused marketplace that helps businesses discover, compare, and connect with trusted financial, legal, and corporate service providers worldwide. Its key proposition is to simplify cross-border business setup by combining access to vetted service providers with embedded compliance workflows. 

Within this marketplace, Binderr offers KYB and KYC verification capabilities, centralized document submission, and risk assessment tools, allowing companies to reduce repetitive paperwork and streamline onboarding across multiple providers. 

The platform is particularly useful for businesses that need to navigate multiple jurisdictions, as it consolidates compliance and service discovery into a single environment. 

While its core value is in marketplace connectivity, Binderr also enables companies to manage compliance documentation efficiently, ensuring that onboarding processes are faster, more consistent, and aligned with regulatory expectations. This makes it a strong option for organizations looking to engage trusted providers while maintaining audit-ready verification and risk assessment workflows.

5. Ondorse

Website: https://ondorse.com

Ondorse provides identity verification and compliance infrastructure, including KYC, KYB, sanctions screening, and risk assessment tools. It positions itself as an API-first compliance layer for digital businesses.

Like Sumsub, Ondorse combines identity and business verification capabilities. It is modular and designed for integration into digital onboarding journeys. For fintech startups and crypto platforms requiring flexible compliance infrastructure, its API orientation can be advantageous.

Its strengths lie in modularity and scalability. Businesses can integrate verification components into their onboarding flows and expand functionality as needed.

However, organisations requiring extensive internal workflow governance and document lifecycle management may need complementary systems. Its core orientation remains verification and screening rather than full onboarding orchestration.

Ondorse is best suited for fintech startups and digital platforms prioritising flexible compliance integration within product environments.

Choosing the Best KYB Software for your Business

There is no universal best KYB tool. The right solution depends on the problem you are solving.

If your primary challenge is global identity and business verification across multiple jurisdictions, verification-centric platforms such as Sumsub or Ondorse may align best.

If your challenge is maintaining structured onboarding workflows, centralising documentation, and preparing for regulatory audits within the EU, workflow-centric platforms such as SpeedyDD or Binderr may be more appropriate.

If you are a multinational bank managing complex hierarchies and regulatory obligations across continents, an enterprise lifecycle management platform such as Fenergo may be necessary.

The key is to assess your regulatory exposure, onboarding volume, complexity of corporate structures, and audit frequency before selecting a system.