30 Under 30: Why Signzy is digital banking’s final frontier

The financial services sector has made huge strides in going digital. Yet, one process that remains, by and large, entrenched in the offline mode is KYC (Know Your Customer) or identifying and authenticating a client.
On a mission to crack this problem is the Bengaluru-based startup Signzy. The project took off when Ankit Ratan, an IIT Delhi alumnus, decided to use his technology know-how to digitise legal contracts in 2014. He discussed this with twin Arpit, a graduate from ILS Law College, Pune. With friend Ankur Pandey, an IIT Kharagpur graduate, the brothers found a solution that made electronic legal contracts possible.