KYC

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 22, 2025 by Mayur Kamat · across every show →

Everything said about KYC, oldest first

May 22, 2025
Assertion Not checkable as stated
Binance signup conversion crashed from 100% to 2% after mandatory KYC
“And then it suddenly became regulated where you had to almost have a full KYC flow like a bank. And that just meant that the conversion rate dropped from let's say a hundred percent to like two percent.”
Mayur Kamat May 22, 2025 ▶ 11:11 Unconventional product lessons from Binance, N26, Google, more | Mayur Kamat (CPO at N26)
May 22, 2025
Assertion Not checkable as stated
Binance scaled its compliance team from 20 to 500 in three months
“We said, I want, we had like a team of 20 people working on KYC. And we said for the next three months, we want 500.”
Mayur Kamat May 22, 2025 ▶ 14:09 Unconventional product lessons from Binance, N26, Google, more | Mayur Kamat (CPO at N26)
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