KYB (Know Your Business)

KYB is the process of verifying a legal entity. On 8lends, corporate clients complete verification through Sumsub by providing a company register extract together with KYC verification of the ultimate beneficial owner (UBO). The key requirement is confirming the individual's authority to represent the company. Most applications are approved on the same day. If manual review is required, the final decision is made by the 8lends team.