GroozGo Secures Freight Business by Using In-Depth KYB Checks to Reduce Cargo Theft and Сut Costs by 35%
drivers with company loads, taking full responsibility for the cargo’s safety.
100+ cargos transported daily
1000+ cargo owning companies
Operating in a fraud-ridden industry
GroozGo is a freight service that helps companies find drivers to transport all kinds of loads in Eastern Europe, a region infamous for the high risk of industry-related fraud. So, what are the risks?
Losing a load to deceitful drivers or fake companies can lead to millions of dollars worth of losses. These losses are felt not only by the load owners, but also by carrier providers such as GroozGo, which undertake full responsibility for the damage.
- drivers with fake passports, licenses or glued-in document photos;
- recently acquired companies with no updated records of their fraud-ridden beneficiaries;
- vehicles that have been involved in criminal activities.
“As an online cargo transportation service with full responsibility for cargo safety and payment; we are aware of the risks that the industry carries. We aggregate orders directly from cargo owners and vehicles directly from vehicle owners. After that, we instantly calculate the cost of the transportation and automatically connect incoming orders with suitable carriers. Of course, there are lots of steps involved, where each individual and legal entity participating in the transportation process needs to undergo a bank-grade check.”
CEO of GroozGo
Finding the best way to
secure cargo access
Finding the best way to secure cargo access
taking part had to be checked for shady connections, criminal involvement,
and suspicious history. For that, manual verification was simply not enough.
and use advanced technologies that could reduce unjustified costs, the risks of manual verification, while providing end-to-end document authentication.
Anna and Oksana were reviewing their options for a long time when Anna spotted an article talking about Sumsub and decided to
give them a call.
However, what GroozGo needed was something more than just standard software, so, Sumsub’s remote identification ecosystem was customized to fully fit the needs of the freight industry, introducing new data sources to the existing framework.
How GroozGo verification
Ability to scale on demand
Data accuracy, relevance and wholesomeness
A Rocket-speed check, sealed with an SLA
Reports on everything and everybody involved
Transparency for regulators