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Use case · Beneficial owner verification

Beneficial owner verification

Find the peoplewho own it.Then verify them.

Due diligence on a company means knowing the natural persons who own and control it. Toden reads owners and directors from the registry, works out who crosses your ownership threshold, follows a corporate shareholder up to the people above it, and invites each person you require to verify themselves.

The workflow

From a registry record to verified, screened beneficial owners, with the decision held until they are done. This is a starting point: add, remove or reorder any step in the workflow builder.

Step 01

Business Lookup

Nigeria, the applicant's registry record

Per check

Step 02

Business Lookup

Nigeria, a corporate shareholder's own record

Per check

Step 03

AML Screening ×6

Two owners: sanctions, PEP and adverse media each

Per check

Step 04

Document Intelligence ×2

Each owner's own ID

Per check

Step 05

Passive Liveness ×2

Each owner's selfie

Per check

Step 06

Facial Match ×2

Each owner against their ID

Per check

Step 07

Decision rules

Holds approval until the owners have verified

Included

Then your rules decide

A starting rule set

  • An owner fails their identity checkDecline
  • An owner is on a sanctions or PEP listReview
  • The ownership chain stops at a company nobody could traceReview
  • An owner has not verified before the deadlineReview
  • Every required owner verified and clearApprove

Every rule is yours to change on a visual canvas, and each result records which rule decided it. Publishing a new version needs no release.

Try the workflow builder

How it works

1

Read the ownership

Owners, directors and shareholdings come from the registry and from what the applicant declares. A person filed under several roles is one person, counted once.

2

Follow the chain

Where a shareholder is itself a company, Toden can look up that company and work out each person's effective stake in the applicant.

3

Verify and wait

Each required person gets their own link. Your workflow waits for them, with a time limit, and decides when they finish or the limit passes.

What powers it

  1. A holding company in the chain is looked up in its own registry, and stakes are multiplied through, so 75% of a company that holds 60% is counted as 45%.

Integrate

Mount the SDK with the workflow you published, or send a hosted link and write no code. The result arrives by signed webhook, and changing the workflow never needs a release.

Verify.tsxTypeScript · React
import { TodenVerification } from "@todenhq/sdk-react";
 
export function Verify({ userId }) {
  return (
    <TodenVerification
      apiKey="pk_test_..."
      workflowId="wf_AbC123dEf456"
      userId={userId}
      onSubmit={(s) => save(s.verificationId)}
    />
  );
}
verification.completedWebhook · JSON
{
  "event": "verification.completed",
  "data": {
    "verificationId": "ver_8fk2...",
    "status": "verified",
    "assuranceLevel": "gov_db",
    "idType": "bvn",
    "country": "NG",
    "dataMatch": true,
    "facialMatch": true,
    "facialConfidence": 91
  }
}

Products involved

This solution combines products you can use on their own too.

KYB

Business Verification

Verify a company end to end: the registry record, its documents, and the owners and representatives behind it.

Learn more
KYC

Identity Verification

Verify a person from their ID, a live selfie and, in five African markets, the government record. One SDK, one signed result.

Learn more
Compliance

Watchlist Screening

Screen customers against sanctions, PEP and adverse-media data at onboarding, then re-screen them on a risk-based schedule.

Learn more
No-code builder

Workflows

Build and version verification flows and decision rules visually, then publish without a redeploy.

Learn more

Related use cases

Merchant and seller onboarding

Registry, documents, the applicant and the owners, in one application a merchant fills in once.

Learn more

Sanctions and PEP screening

Screening at onboarding and for as long as the customer is yours, with each match judged once.

Learn more

Vendor due diligence

Company lookups, a director check and a branded report, run from a form by your own team.

Learn more

Frequently asked

  • The applicant sees each person's link on the last screen and can copy or email it, and you can email the links from the console. A reminder is sent after a week.

Beneficial owner verification,in one workflow.

The sandbox opens when you sign up. Usage-based pricing, no sales call.

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