To enhance the efficiency and ease of account creation for online trading platform users, Tiger Brokers UK Ltd has collaborated with TrueLayer. The partnership introduces TrueLayer’s Signup+ product to streamline customer onboarding and funding processes for Tiger Brokers' clientele in the UK.

Tiger Brokers UK Unveils Express Feature

Effective immediately, Tiger Brokers' users in the UK have the option to opt for the “Express” feature during the creation of a Tiger Brokers Contracts for Difference (CFDs) account, which is , powered by Signup+. This feature allows users to select their bank, enabling their identity data to auto-populate in the form.

As a result, the manual entry of personal and bank details is eliminated, provided that other Know Your Customer requirements have been met.

Mark Goater, a Director at Tiger Brokers UK, expressed enthusiasm about the partnership: “Finding the perfect balance between compliance and user-friendliness in the onboarding process for brokers is a significant challenge. Thanks to TrueLayer, we’ve successfully streamlined this experience. Now, Tiger Brokers UK clients can enjoy a more efficient onboarding and deposit process, significantly reducing the time and effort required.”

Tiger Brokers UK prides itself on providing a tailored trading experience to individuals from England and Wales seeking access to CFDs. The company's mission revolves around UK investors, regardless of their expertise level, to take control of their investing journey.

Addressing the Growing Demand for Fast Onboarding

The integration of TrueLayer’s Signup+ comes at a juncture where users increasingly demand expedited and trustworthy onboarding experiences. According to a survey conducted by TrueLayer in partnership with YouGov, nearly two-thirds (63%) of financial services customers in the UK are only willing to spend a maximum of 10 minutes creating an account before abandoning the process.

⏩ @Tiger_Brokers UK has chosen to partner with @TrueLayer to streamline customer onboarding and the deposit process.

Read more at the 🔗#OpenBanking #onboardinghttps://t.co/m9pZmzYEnJ

— Open Banking Expo (@OpenBankingExpo) January 29, 2024

Mariko Beising, the VP of Financial Services & Partnerships at TrueLayer, echoed similar sentiments, emphasizing the importance of swift and simplified onboarding experiences. “Now more than ever, users aren’t willing to suffer through a slow and cumbersome signup process. We’re thrilled to partner with Tiger Brokers to help make onboarding faster and simpler with Signup+ so that their users can get started on the platform as quickly as possible” Beising mentioned.

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