How Binance accelerates business onboarding across 55 countries

FrankieOne

What faster, smarter business onboarding looks like at global scale

As crypto matures, exchanges are under pressure to scale fast, operate globally, and meet ever-changing regulatory expectations, all at once. Binance, one of the world’s largest cryptocurrency exchanges, knew its KYB (Know Your Business) processes had to evolve.

Here’s how Binance partnered with FrankieOne to unify, automate, and scale KYB - unlocking faster approvals, shorter processing times, and frictionless expansion into 55 countries.

The Problem: Manual KYB Was Slowing Binance Down

As Binance expanded into new markets, its KYB operations hit critical friction points:

  • 15+ jurisdictions with unique UBO thresholds and compliance requirements
  • Manual analyst effort to extract director and shareholder data
  • Onboarding global businesses at scale - without the drag
  • Global expansion goals that demanded efficiency at scale

Without automation, KYB became a bottleneck to growth - inconsistent, costly, and slow.

The Solution: Unified KYB with FrankieOne

To scale faster and smarter, Binance selected FrankieOne as its sole KYB orchestration partner.

With a single API integration, FrankieOne connected Binance to verification sources across 55 countries and automated:

  • UBO chain retrieval with configurable thresholds by jurisdiction
  • Registry-driven pre-fill of director/shareholder data
  • Smart automation of registry and document data to reduce manual effort and meet tight onboarding deadlines 

The result? A repeatable, compliant onboarding engine optimised for global growth.

The Results: Faster, Smarter, More Compliant KYB
Since launching with FrankieOne, Binance has achieved:

  • +8% uplift in KYB approval rates
  • 50% reduction in business application processing time 
  • 80% of KYB reports generated in under one minute
  • Active onboarding across 55+ markets, including Brazil, France, Singapore, and Hong Kong

“FrankieOne helped us unlock the scalability we needed in KYB without compromising on compliance or speed. Their automation and data orchestration capabilities have directly contributed to our global onboarding success, turning a fragmented process into a competitive advantage.”
James Cai, Global KYB Product Manager, Binance

The Takeaway: KYB at Crypto Speed - Without Compromise

Binance’s transformation proves that crypto leaders can scale rapidly without sacrificing compliance.

FrankieOne’s unified platform not only accelerated onboarding but also eliminated manual drag, enabled real-time compliance, and gave Binance a competitive edge in the global market.

As the partnership expands, Binance is setting a new benchmark for enterprise-grade KYB in crypto.

Curious How Your Exchange Could Scale Like Binance?

FrankieOne helps crypto platforms onboard faster, reduce fraud, and stay ahead of regulation -  all through a single, flexible API.