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What is SumSub, and why does Wealt use it?

SumSub is a third-party identity verification service that processes your KYC checks. Wealt never stores your raw identity documents - SumSub handles this securely.

SumSub is a leading identity verification platform trusted by 2,000+ companies worldwide.

What does SumSub do?

  • Verifies your government-issued ID using AI-powered document recognition

  • Performs face matching between your selfie and your ID photo

  • Checks documents against global databases for fraud detection

  • Provides real-time verification results (many checks complete in minutes)

Your data security with SumSub: it is SOC 2-certified and GDPR-compliant. Your data is encrypted at rest and in transit.

Wealt only receives a verification status (approved/rejected) and metadata, not your raw document images.

SumSub processes data in compliance with local regulations (GDPR in EU/UK, CCPA in California)

Why a third-party service?

Identity verification is complex and requires specialised technology and global document databases. Using a dedicated provider like SumSub ensures faster, more accurate verification than building an in-house system, and better protects your personal data through specialisation.

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