Frayme

Last year, stablecoins moved $33 trillion, up 72%, becoming fintech's new rails for cross-border payments.

But to meet complex regulatory requirements, these fintechs stitch multiple providers together: Sumsub for onboarding, Chainalysis for on-chain risk, others for device and sanctions. Each is excellent alone, but sees only its slice of the user. 

• The tools don't talk to each other, or to first-party data, so identity stays fragmented and compliance decides without the whole picture.

• To bridge the silos, companies hire analysts who manually manage documents, transaction data, and personal information which takes days to resolution.

• To cut errors and speed up, fintechs reassign engineers to compliance, stripping resources from the product. Every vendor takes 6 months to integrate and solutions keep evolving, so engineers live in maintenance.