Lemonway works with many businesses (B2B), it is essential that we carry out some due diligence and identify businesses that do not comply with our terms of service.
We like to ensure that we are working with a legitimate company, that does not operate as an illegal entity, or takes part of any criminal activity.
Commonly known as KYB (Know Your Business), this process focuses on your business, it's corporate structure and business activities. This ensures that we together fight crime in general but with a strong focus on:
- Money laundering
- Terrorist financing
- Tax crimes
Lemonway is a Financial Technology (FinTech) company, it is part of our legal obligation to ensure we make a comprehensive KYB with each of our Partners. If you have further question, contact your implementation manager, they will be able to provide you with detailed information regarding the entire process.
For further information, see: Prohibited Activities at Lemonway.
Updated about 2 months ago