How Xiomex Slashed Identity Verification Costs by Over 50% with Didit

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Xiomex is a rapidly expanding trader incubator with over 40,000 global users, offering emerging investors the opportunity to access real capital without risking personal funds by passing funding assessments to manage portfolios up to two million dollars. As they grew, Xiomex required a scalable identity verification solution to maintain security while enhancing user experience. They partnered with Didit, whose free and unlimited identity verification plan, supplemented by premium features like Active Liveness, AML Screening, and Ongoing AML Monitoring, addressed these needs. Didit's advanced AI models help combat document fraud and deepfake threats, while ensuring compliance with global regulations in real-time. The integration of Didit's technology allowed Xiomex to streamline onboarding, reduce identity verification costs by over 50%, and decrease onboarding abandonment by 25%, significantly improving operational efficiency and user acquisition costs.

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