Overview
As a financial institution, Juni needs all customers to submit an application and go through KYC (Know Your Customer). This is the first step to getting your Juni account approved. This guide will walk you through the entire process, from providing your company's details to signing the final application. We’ll make it as simple and seamless as possible.
How to
Step 1: Information about the Company
Step 1: Information about the Company
1. Find the company & confirm details
First, find the company by searching for its name or registration number. (Make sure the correct country of incorporation is selected)
Can’t find the company? If your company doesn't show up, tick the My company is not listed here box to manually add your details |
2. Confirm company details
Review company details to ensure they were added correctly, and then select Next
3. Confirm company Industry
Select by searching for the Industry in the search bar, or view options available in Suggestions or the Industry list A-Z, and then select Next
4. Add your company’s trading names
If the company uses a trading name different from its legal name, you must add it here and then select Next
5. Add the website where products and services are advertised
Add the website and select Next
Note: If the company does not have a functioning website, we ask you to please provide the URL of the company domain. |
6. Add countries of operation
Specify the countries where the company sells products or services, as well as the countries where its customers are located and select Next
7. Describe the products or services of the company
Provide a short description (minimum 100 characters) of the company and its products or services, and then select Next
8. Confirm if the company operates in specific industries
You’ll be shown a list of specific industries where you’ll confirm by multi-selecting any that apply to the business operations, and then click Next
9. Declare expected spend
Provide an estimate of the companies monthly spending on Juni, and then click Next
10. Confirm which services of Juni the business plans to use
Once you multi-select all options that apply, click Next
Note! If you select Send and receive bank transfers, you will be asked two additional questions around the value of the expected transfers. |
11. Verify source of funds
As part of Juni’s regulatory requirements, we ask customers to confirm the businesses source of funds. The steps vary slightly depending on where the company is registered:
For Swedish-registered companies: | For companies registered outside of Sweden: |
You’ll be asked to select the company’s primary source of funds from a list of predefined categories (e.g. investor capital, revenue, loan, etc.). | You’ll need to verify the company’s source of funds by either:
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What’s required for each option:
1. Integrate the company’s bank account(s)
The integrated account must:
Be issued in the company’s name
Contain at least 150 transactions to confirm business activity
Show both incoming and outgoing transactions
Note: If the primary bank isn’t available for integration or the integration fails, you can choose to upload a statement instead |
2. Upload a bank statement
The statement must:
Be in the company’s legal name (only business accounts are accepted)
Be from a recognised banking institution
The bank’s logo/name needs to be clearly displayed
Be dated within the last 3 months
Show a minimum of at least 1 months worth of incoming and outgoing transactions
Include IBAN/Account number/Sort code
Once you have confirmed the primary source of funds, select Next |
Step 2: Confirm company board members
Step 2: Confirm company board members
Confirm the details of all your company's board members. If you selected your company from the search, their details may be pre-filled. You just need to verify that the information is correct and up-to-date.
Note that you will be asked to provide an email address for them and declare if they are a PEP or not. |
Step 3: Confirm company UBOs
Step 3: Confirm company UBOs
You are required to add all Ultimate Beneficial Owners (UBOs). A UBO is an individual who owns or controls more than 25% of the company.
If a UBO is also a director, you can simply toggle a switch to confirm their details
If your company has no natural person who owns or controls more than 25%, you must specify an Alternative Beneficial Owner (ABO). An ABO is typically the chairman of the board, CEO, or managing director
Note that you will be asked to provide an email address for them and declare if they are a PEP or not. |
Step 4: Identity verification
Step 4: Identity verification
For Swedish-registered companies: | For companies registered outside of Sweden: |
To comply with regulatory requirements, the signing director needs to verify their identity. | To comply with regulatory requirements, at least one company director and all UBOs or ABOs must verify their identity. |
The director who verifies their identity will:
Become the owner of the Juni account
Be responsible for signing the application as the final application step
Step-by-step: How identity verification works
1. Juni sends out verification invites
Each UBO/ABO and/or the signing director will receive an email invite with instructions
They’ll be asked to create a Juni user account
They must verify their identity by uploading an ID and taking a live selfie video
Filling out the application on behalf of others? You can select alternative verification options for UBOs/ABOs. Please refer to Option 2 under verification methods below |
2. Choose a verification method
For Swedish-registered companies: | For companies registered outside of Sweden: |
Option 1: Liveness ID verification (default)
Option 2: BankID (available in Sweden only) If you’re based in Sweden and have BankID, you can verify instantly by following the onscreen instructions. | Option 1: Liveness ID verification (default)
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Important tips for a smooth verification:
Use original ID documents (no scans or photocopies)
Ensure the ID is clear, in colour, and fully visible
Take the selfie in a calm environment, free from background distractions
No one else should be visible in the frame
Avoid glare, blur, or poor lighting
Option 2: Upload certified ID documents
If UBOs/ABOs cannot complete the liveness flow, certified documents can be uploaded instead:
Select Document upload on the verification screen
A consent email will be sent to the UBO/ABO
Once consent is given, upload a high-quality colour copy of their ID
The copy must be certified by a recognised professional (e.g. lawyer, judge, accountant, banker, post official)
⚠️ Document upload is not available for the signing director - they must verify their own identity. |
Step 5: Signing the application
Step 5: Signing the application
This is the final step! After all ID verifications are completed:
The authorised director must log in and follow the instructions to sign the application
Once the Director signs, a copy will be sent to their email, which may take up to 30 minutes to arrive
The application will then be sent to the Juni team for review for account approval
For more information on timelines and what to expect after you’ve submitted the application, please refer to this article.
FAQ
Why does Juni ask for detailed information about the business and its UBOs and Directors?
Why does Juni ask for detailed information about the business and its UBOs and Directors?
As a regulated financial institution, Juni is legally required to verify the identity of our customers and the legitimacy of their businesses to prevent financial crime. We collect this information to comply with regulations, protect our customers, and ensure a secure and trusted financial platform.
Why could Juni ask for additional information?
Why could Juni ask for additional information?
We're legally required to verify the identity of all our customers to prevent financial crime and ensure a secure financial platform. We will ask you to provide all the information and documents required for your account, but sometimes we may need to ask for additional information to complete the verification process.
This may happen if:
The documents you've submitted are unclear or incomplete
We need to verify specific details to comply with our regulatory obligations
The bank statement you have provided does not show at least 30 days of incoming and outgoing transactions
Your registered company address differs from your official registration documents
The company ownership structure is complex, and we need more clarity on the ultimate beneficial owners (UBOs) and the source of the business's funds
If we ask you for more information, it is simply to ensure we have a clear and complete picture of your business. We appreciate your cooperation in helping us make your account as secure as possible.