Socure and Aeropay, identity and bank-linking integration, announced September 3.

The Socure Aeropay onboarding integration lets a consumer verify who they are and connect a bank account using only a phone number and two clicks. The integration runs inside Socure’s RiskOS platform and inverts the usual sequence in fintech onboarding, where open banking data is typically used to help confirm identity. Here, verified identity is used to establish the bank connection instead, reversing the typical order fintech onboarding flows have followed for years.

How the Socure Aeropay onboarding flow works

The companies cite one joint customer that saw a straight-through account funding rate above 50 percent after adopting the integration, meaning more than half of new users completed funding without manual review or drop-off along the way. The setup pairs Socure’s identity verification with Aeropay’s Aerosync product, which handles bank-account verification and AI-based transaction risk screening. Socure founder and CEO Johnny Ayers said in the release that customers want to “increase conversion rates while decreasing friction and simultaneously reducing fraud exposure.”

Aeropay founder and CEO Dan Muller made the more specific point behind the integration: “Identity and payment risk can’t be treated as separate decisions.” Aeropay is backed by Group 11, Chicago Ventures, and Continental Investment Partners.

Socure says it serves more than 3,000 customers, including the five largest US banks and more than 600 fintechs, though that figure comes from the company’s own boilerplate rather than independent verification.

The integration lands not long after Socure’s own second-quarter numbers showed identity verification remains one of the stronger B2B businesses in fintech, with steady recurring revenue growth that gives the company room to keep investing in integrations like this one rather than just defending its existing book of business.

Fintechbits analysis

Why the Socure Aeropay onboarding numbers stand out

Onboarding friction is one of the more measurable levers in consumer fintech. Every extra field, document upload, or waiting period in a signup flow reliably costs a measurable share of users, which is why account-opening conversion has become its own competitive category rather than an afterthought bolted onto identity or payments products. A cited, specific number like a 50-plus percent straight-through funding rate is more useful than the vague conversion-improvement language that shows up in most onboarding-product announcements, because it is at least a concrete claim that can be checked against results elsewhere.

Identity and fraud vendors like Accertify have been publishing specific compliance and detection claims as they push into new verticals rather than leaning on generic marketing language, a shift that appears to be spreading across the identity-verification category more broadly.

The catch is that it is one customer’s number, disclosed by the two vendors selling the product, not an independently audited result across a broader customer base. That does not make it false, but it means treating this as a promising early case study is the right level of confidence, not treating it as a proven general outcome. Vendors reporting their own best result is standard practice in this kind of release, and readers should weigh it accordingly.

Identity-first onboarding is becoming a more common design pattern across consumer fintech more broadly, as companies conclude that verifying who a customer is before asking them to link a bank account cuts both fraud exposure and drop-off at the same time. That sequencing shift, more than any single vendor partnership, is probably the more durable trend worth tracking as platforms redesign account-opening flows around it.

What to watch next

Worth watching whether Socure and Aeropay publish results from additional customers using the Socure Aeropay onboarding integration, which would say considerably more about whether this is a repeatable outcome or a single strong case study.