Software Alternatives, Accelerators & Startups

Sumsub VS Watershed

Compare Sumsub VS Watershed and see what are their differences

Sumsub logo Sumsub

One verification platform to secure the whole user journey

Watershed logo Watershed

Helping companies cut carbon
  • Sumsub Landing page
    Landing page //
    2022-10-30

Sumsub is the one verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.

Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin).

  • Watershed Landing page
    Landing page //
    2023-08-28

Watershed

Pricing URL
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$ Details
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Platforms
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Release Date
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Sumsub videos

How Sumsub KYC works

More videos:

  • Demo - Full-cycle business verification (KYB)
  • Review - The most flexible transaction monitoring solution (KYT)

Watershed videos

watershed review

More videos:

  • Review - Watershed Bottled in Bond Bourbon Review! Made in Ohio!
  • Review - OPETH - WATERSHED (Review)

Category Popularity

0-100% (relative to Sumsub and Watershed)
Identity Verification And Protection
Green Tech
0 0%
100% 100
Identity Verification
100 100%
0% 0
Payments
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Sumsub and Watershed

Sumsub Reviews

  1. Hands down one of the best experiences with document verification. I have to go through this kind of checks on a weekly basis and sumsub is relatively fast and has a smooth interface that guides you through the whole process. Solid 5/7

    👍 Pros:    Super fast

Discover the Top 5 Identity Verification Providers in 2023
When it comes to capabilities, flexibility is a key selling point as it empowers organizations to align the identity verification service with their unique workflows, compliance needs, and risk appetite. Different vendors provide different levels of customizations, with ComplyCube and SumSub offering the most flexible and granular options in their respective online portals.

Watershed Reviews

We have no reviews of Watershed yet.
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Social recommendations and mentions

Watershed might be a bit more popular than Sumsub. We know about 8 links to it since March 2021 and only 8 links to Sumsub. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: over 1 year ago
  • Binance p2p
    I didnt recieve my crypto from the p2p Transfer and its asking for me to do verification from sumsub.com. I have no idea what this website is but I filled out the verification and it says they are partnered with Binance. Source: over 1 year ago
  • Community discussion about Spectrum Finance $SPF token in this thread December 9th, 6 pm UTC — Please join!
    KYC and data storage could be done by a trusted third-party service called Sum and Substance. Source: over 1 year ago
  • Level 2 verification - document not approved / CS not replying
    It might be required to present proof of address for KYC, which you can learn more about here. The KYC procedure is handled by our partners at sumsub.com and they are the ones checking the validity of the document. Source: almost 2 years ago
  • Is there a way to verify my account with non-english IDs/ PoA?
    Updated the link with the source. Hope it helps. https://sumsub.com/. Source: about 2 years ago
View more

Watershed mentions (8)

  • DuckDB – in-process SQL OLAP database management system
    We use DuckDB extensively where I work (https://watershed.com), the primary way we're using it is to query Parquet formatted files stored in GCS, and we have some machinery to make that doable on demand for reporting and analysis "online" queries. - Source: Hacker News / over 1 year ago
  • Ask HN: Recommend employers with positive social impact
    Watershed (https://watershed.com), platform for enterprises to reduce carbon emissions. - Source: Hacker News / about 2 years ago
  • Is climate tech the new fintech?
    Here's why I'm asking — Watershed, a new carbon accounting tool that recently raised $60m, was spun out of Stripe. Patch.io, an API-first offsets marketplace, has strong ties to Plaid. And Bend, a CO2e emissions data API that I'm working on, grew out of Abacus, an expense management app. Source: over 2 years ago
  • What role can CS majors play in the fight against the climate crisis?
    Your best bet with your current skillset (assuming you're more SWE-oriented) would be to join forward-looking startups and companies in the climate space. There's plenty of startups that are in need of engineers, and it would surprise you that a lot of them are relatively well-funded (e.g. https://watershedclimate.com/, funded by Stripe founders and Kleiner Perkins). Alternatively, you can probably join as a SWE... Source: over 2 years ago
  • What role can CS majors play in the fight against the climate crisis?
    There are software companies working on this already, checkout https://watershedclimate.com/. Source: over 2 years ago
View more

What are some alternatives?

When comparing Sumsub and Watershed, you can also consider the following products

Onfido - Onfido is the data-driven platform for intelligent background checking.

Electricity Map - Live CO2 emissions of electricity consumption

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.

Klima - Go carbon neutral

Veriff - Smart and scalable identity verification.

Website Carbon Calculator - Find out the how much CO2 your website emits