StripeIdentity for your prop firm.
Verify traders with Stripe Identity: a document and a selfie, checked in seconds, before any payout leaves your firm.
- Checks
- Document and selfie
- When
- At onboarding or first payout
- Result
- On the trader in your admin
What Stripe is
Stripe Identity is the identity check of Stripe. It reads identity documents from more than 120 countries, matches them to a selfie, and returns a result in seconds for most people.
Know who your traders are, before money leaves.
- 01
We switch Stripe on for your firm
Propper connects Stripe to your firm. You choose whether traders verify during onboarding or only at their first payout.
- 02
The trader verifies once
An identity document and a selfie, in the check of Stripe, on your own domain and under your own brand.
- 03
The result lands on the trader
Approved, declined or waiting for review: your team sees it on the trader in your admin, with the reason when there is one.
- 04
Payouts wait for a verified trader
A trader who has not passed the check cannot request a payout, so nobody is paid before you know who they are.
Stripe and Propper, answered.
Does Propper use Stripe Identity for KYC?
Yes. A Propper firm can verify its traders with Stripe Identity, during onboarding or at the first payout.
Does my firm need its own Stripe account for KYC?
No. The checks run on the Stripe account of Propper.
How long does a Stripe Identity check take?
For most traders a few seconds. A check that needs a closer look shows as waiting for review.
Can a trader request a payout before verifying?
No. When the check is on, a trader has to pass it before a payout can be requested.
Other identity checks
Your name on the door.
Our engine behind it.
Book a demo and we'll reach out with a migration plan built for your stack. No setup fees on monthly plans, no hidden costs.