Software Alternatives, Accelerators & Startups

Vepapu VS Sumsub

Compare Vepapu VS Sumsub and see what are their differences

Vepapu logo Vepapu

Start & Grow Your Dream Offshore Company 🧡

Sumsub logo Sumsub

One verification platform to secure the whole user journey
  • Vepapu Vepapu.com home page
    Vepapu.com home page //
    2024-04-09
  • Vepapu 15+ offshore countries
    15+ offshore countries //
    2024-04-09
  • Vepapu Company incorporation package
    Company incorporation package //
    2024-04-09
  • Vepapu Total compliance package
    Total compliance package //
    2024-04-09

Form Your Offshore Company from Anywhere, Anytime! Over 20+ Offshore Countries Covered. Our Expert Team Ensures You Meet Compliance with Accurate Document Preparation, Registered Agent, Business Address, Nominee Services, etc.

  • 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).

Vepapu features and specs

  • Online & remote process: Yes
  • Clear & transparent pricing: Yes
  • Package customization: Yes
  • Secure data policies: Yes
  • Company Incorporation: Yes
  • Annual renewal & filing: Yes
  • Register maintenance: Yes

Sumsub features and specs

No features have been listed yet.

Vepapu videos

No Vepapu videos yet. You could help us improve this page by suggesting one.

+ Add video

Sumsub videos

How Sumsub KYC works

More videos:

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

Category Popularity

0-100% (relative to Vepapu and Sumsub)
B2B
100 100%
0% 0
Identity Verification And Protection
Offshore Company
100 100%
0% 0
Identity Verification
0 0%
100% 100

Questions and Answers

As answered by people managing Vepapu and Sumsub.

Why should a person choose your product over its competitors?

Vepapu's answer

Extensive Jurisdictional Coverage: Vepapu offers incorporation and management services in over 15 offshore jurisdictions worldwide, providing clients with a wide range of options to choose from based on their specific needs and preferences.

Simplified Process: Vepapu prioritizes simplicity and transparency, making the process of setting up and managing offshore companies straightforward and easy to navigate for clients, even those new to the concept.

Compliance Expertise: With a team of experts well-versed in local regulations and requirements, Vepapu ensures that clients remain compliant with all relevant laws and regulations in their chosen jurisdictions, minimizing the risk of legal issues down the line.

Personalized Service: Vepapu takes a client-centric approach, offering personalized solutions tailored to meet each client's unique needs and goals. From company formation to ongoing compliance and strategic advice, Vepapu provides dedicated support every step of the way.

Customer Satisfaction: Vepapu is committed to ensuring the satisfaction of its clients by providing prompt and responsive customer support, addressing any questions or concerns they may have throughout their journey with Vepapu.

How would you describe your primary audience?

Vepapu's answer

Our primary audience comprises individuals and businesses seeking to establish and manage offshore companies in various jurisdictions worldwide. They are typically entrepreneurs, investors, high-net-worth individuals, and businesses looking to benefit from the advantages offered by offshore jurisdictions, such as tax optimization, asset protection, privacy, and access to international markets. They value simplicity, compliance, personalized service, and expertise in navigating the complexities of offshore company formation and management. Our audience is diverse, spanning different industries, geographies, and backgrounds, but they share a common goal of leveraging offshore structures to achieve their financial and business objectives.

What makes your product unique?

Vepapu's answer

Vepapu stands out for several reasons, making it unique in the realm of offshore company formation and management services. Firstly, our comprehensive platform offers individuals and businesses the opportunity to set up and operate their companies in over 15 offshore jurisdictions worldwide, including popular destinations like Hong Kong, the Cayman Islands, and the Seychelles. This extensive reach allows our clients to choose the jurisdiction that best aligns with their business goals and preferences.

Secondly, Vepapu prioritizes simplicity and transparency in every aspect of our service. We understand that the process of incorporating an offshore company can be complex, so we strive to simplify it as much as possible for our clients. Our user-friendly interface, coupled with expert guidance and support, ensures that even those new to offshore business can navigate the process with ease.

Additionally, Vepapu goes above and beyond to ensure compliance with local regulations and requirements in each jurisdiction. Our team of experts stays up-to-date with the latest legal and regulatory changes, providing clients with peace of mind knowing that their companies are operating within the bounds of the law.

Furthermore, our commitment to customer satisfaction sets us apart. We take the time to understand each client's unique needs and goals, offering personalized solutions and ongoing support throughout their journey. Whether it's assistance with company formation, ongoing compliance, or strategic advice, Vepapu is dedicated to helping our clients succeed.

What's the story behind your product?

Vepapu's answer

Vepapu was born out of a vision to simplify the process of establishing and managing offshore companies while providing exceptional service and expertise to clients worldwide. The founders recognized the growing demand for offshore solutions among entrepreneurs, investors, and businesses seeking to optimize their financial structures and expand internationally. However, they also understood the challenges and complexities associated with navigating offshore jurisdictions, compliance requirements, and legal frameworks. With a passion for entrepreneurship and a commitment to excellence, they set out to create a platform that would demystify the offshore world and empower clients to achieve their goals with confidence. Through innovative technology, personalized support, and a deep understanding of the offshore landscape, Vepapu aims to be the trusted partner for individuals and businesses seeking to unlock the benefits of offshore company formation and management.

User comments

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Reviews

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

Vepapu Reviews

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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.

Social recommendations and mentions

Based on our record, Sumsub seems to be more popular. It has been mentiond 8 times since March 2021. 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.

Vepapu mentions (0)

We have not tracked any mentions of Vepapu yet. Tracking of Vepapu recommendations started around Mar 2023.

Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: about 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

What are some alternatives?

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

Incfile.com - Start your business today for as little as $0 + state fees. Incfile helps you quickly and easily create your LLC or other business entity. Learn more.

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

doola (formerly StartPack) - Fast & easy US business formation, guaranteed.

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.

Northwest Registered Agent - What is a registered agent? How does true national registered agent services work? Let our Local Corporate Guides help you understand registered agents

Veriff - Smart and scalable identity verification.