Software Alternatives, Accelerators & Startups

Sumsub VS PROSPER

Compare Sumsub VS PROSPER and see what are their differences

Sumsub logo Sumsub

One verification platform to secure the whole user journey

PROSPER logo PROSPER

Prosper is a pioneer of peer-to-peer (P2P) online lending in the United States.
  • 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).

  • PROSPER Landing page
    Landing page //
    2023-10-01

PROSPER

Website
petex.com
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-

Sumsub videos

How Sumsub KYC works

More videos:

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

PROSPER videos

Prosper Invest Review - Worth it or not?!

More videos:

  • Review - Prosper loans review: Peer to Peer lending done right?
  • Review - Month 30 - Lending Club & Prosper (Update, Results, and Review) - August 2018

Category Popularity

0-100% (relative to Sumsub and PROSPER)
Identity Verification And Protection
CMS
0 0%
100% 100
Identity Verification
100 100%
0% 0
Project Management
0 0%
100% 100

User comments

Share your experience with using Sumsub and PROSPER. For example, how are they different and which one is better?
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Reviews

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

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.

PROSPER Reviews

Top 20 Best Plaid Alternatives in 2022
In the United States, Prosper was a pioneer of peer-to-peer (P2P) internet lending. It helps people secure personal loans worth more than $10 billion. Borrowers will find that applying for a personal loan through this platform is very comparable to applying for a loan through other online lenders. It is one of the Best Plaid Alternatives.

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.

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

PROSPER mentions (0)

We have not tracked any mentions of PROSPER yet. Tracking of PROSPER recommendations started around Mar 2021.

What are some alternatives?

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

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

MCS-rm - MCS-rm is a rental management software that manages and controls the efficiency & profitability of hire operation.

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.

ProdEval - At tcwsoftware.

Veriff - Smart and scalable identity verification.

Caesar - Unofficial fan site for Caesar IV, dedicated to bringing you the latest news, guides, FAQ, campaigns, strategies, forums, discussions, information, scenarios, mods, patches, and downloads for the latest game in the City-Building series.