Federal law requires identity verification — KYC — before any financial account opens. It protects you: an account that cannot be opened without proof of identity is an account that cannot be opened by someone pretending to be you.
Passing on the first try
- Use your legal name exactly as it appears on your ID — nicknames fail matching.
- Use your residential address, not a PO box, for the identity check.
- If a document upload is requested, photograph the whole document, flat, in good light.
Entity accounts get the entity equivalent (KYB): formation, good standing, and ultimate beneficial owners. Verification of accredited-investor status is a separate, legally distinct step — eligibility is a legal threshold, not a judgment of merit.
InvestNow is a demonstration experience and is not accepting accounts or transactions. InvestNow is not an investment adviser and does not recommend investments. This article describes how the platform is designed to work.