Spinwheel Alternative
Verified 1-Click Signup
Looking for an Spinwheel alternative? Here's why companies are choosing Verified's 1-Click Signup instead.
Detailed Breakdown
Successful fintech products need more than just basic identity verification - they need a seamless, comprehensive onboarding solution. Spinwheel has carved out a niche in debt data, but today's digital businesses require a more complete identity platform. Here's why industry leaders including Kalshi, Future Money, and numerous innovative fintechs are selecting Verified's 1-Click Signup instead of Spinwheel's 1-Click Pre-Qual.
Consider this: Over a third of potential customers abandon sign-up flows, and every moment of friction reduces your conversion rate. In an era where synthetic identity fraud is skyrocketing, businesses need the perfect balance of security and speed. Let's examine how these two solutions compare across key metrics that matter to your business.
Performance Metrics
- Verified: Complete sign-up in 9.3 seconds
- Spinwheel: Requires 25 seconds to finishThe difference is clear - Verified processes users nearly three times faster, dramatically improving conversion rates.
Market Reach
- Verified: Serves 95% of US adults (253M individuals)
- Spinwheel: Approximately 90% coverage via Prove resale
Direct integration with Verified means better match rates and more competitive pricing compared to just resold services.
Technical Implementation
- Verified: Deploy in just 4 hours
- Spinwheel: Expect 40 hours of development time
Our developer experience is designed for speed - launch in a fraction of the time it takes to integrate Spinwheel.
Key Verified Benefits:
- Instant verification of complete user profiles with SSN
- Multi-source fraud detection signals
- Carrier-level phone verification
- Built-in compliance options for KYC/AML
- Rich data options including vehicles, properties, income, and employment
- Flexible pricing: pay-per-use, matched rates, trial period available
Spinwheel Constraints:
- Multiple input fields required (phone + birthdate)
- Limited scope - primarily debt and soft credit data
- Restricted additional data options
- More complex integration process
- Higher price points with substantial minimums
- Third-party identity verification services
Economic Comparison
- Verified: Usage-based billing, competitive matching, no-risk testing
- Spinwheel: Substantial minimums with premium pricing tiers
Businesses Choose Verified Because:
- Faster Experience: 9.3s vs 25s completion
- Quicker Launch: 4h vs 40h implementation
- Streamlined Input: Just a phone number vs multiple fields
- Native Platform: In-house solution vs resold services
- Flexible Costs: Pay for usage vs high commitment
Onboarding Process
Starting with Verified is straightforward:
- Immediate Testing Environment: Access sandbox and API credentials instantly
- Zero-Risk Evaluation: Test in production without commitment
- Rapid Deployment: Launch-ready in under a day
- Comprehensive Documentation: Clear, thorough technical guides
- Premium Support: 5-minute average response times, most issues resolved in 30 minutes
With industry-leading coverage and a 31% boost in conversion rates, switching to Verified is a clear choice. Connect with our team to experience the difference.
Current as of October 2024
Users that are signing up with Verified are having a 61.6% higher likelihood than someone who doesn't sign up with Verified to convert into a trader on Kalshi.
Noah Sternig
Operations @ Kalshi