KYC & AML Explained for Startup Founders | What You Must Know From Day One

Описание: Many startup founders ignore Know Your Customer (KYC) and Anti-Money Laundering (AML) obligations until it’s too late, usually when banks, investors, regulators, or payment processors start asking hard questions.

In this video, I break down KYC-AML in simple terms and explain what startup founders, fintechs, tech companies, and digital businesses must know from day one to avoid regulatory trouble, frozen accounts, fines, and stalled growth.

In this video, you’ll learn:
✔ What KYC and AML actually mean (without legal jargon)
✔ Which startups are legally required to implement KYC-AML
✔ Common KYC-AML mistakes founders make early
✔ How poor KYC-AML can affect fundraising, banking, and scaling
✔ What regulators and financial institutions expect from startups
✔ Practical steps founders should take to stay compliant early

Whether you’re running a fintech, SaaS, marketplace, crypto, payment, or data-driven startup, understanding KYC-AML is not optional; it’s a foundational legal system.

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Time Stamps:
0:00 Intro
01:18 KYC and AML means
01:53 Know Your Customer Explained
02:40 Identity Verification and documents
06:32 Customer Tiers and Account Types
13:17 How to incorporate KYC into your product build
17:50 Common Mistakes Founders Make
20:36 Anti Money Laundering Explained
21:48 Key Obligations with AML
25:16 Risks of Non-Compliance with KYC-AML requirements
28:50 More Mistakes Founders Make
30:28 My challenge to you


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Resources for you
📂 Startup Data Room Checklist – key documents investors expect http://subscribepage.io/startupdataroom
✅ Startup Self-Assessment Quiz – test your legal readiness + instant report https://tally.so/r/np2k5V
📂 "A Startup's Legal Compliance Checklist."
https://subscribepage.io/legal-compli...
📂 "A Startup's Cross-Border Expansion Roadmap."
subscribepage.io/vhNOmV
✅ Take this Survey
https://docs.google.com/forms/d/e/1FA...
✅ Book a consultation
https://forms.gle/LvKD3gN1RrCMwDcy8
✅ Work with me
https://www.upwork.com/freelancers/~0...
📂 Access Legal Toolkit
https://drive.google.com/drive/folder...

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Social Links:
LinkedIn:   / nneoma-grace-agwu-okoro-7660a9169  
Substack: https://substack.com/@legalbytes
Instagram:   / _nneomagrace  
👩🏽‍⚖️ I’m a Corporate & Tech Lawyer, and I help founders build legally sound businesses that can scale without regulatory headaches.

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📌 Related topics covered on this channel:
Corporate & Business Law for Founders | Startup Legal Compliance | Corporate structuring | Technology, Data Protection, and Digital Regulation | Intellectual Property & IP Monetisation | Regulatory Compliance | And so much more

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