KYC in Grant and Funding Programs

In one sentence

KYC ensures identity verification happens before funds move, without blocking the rest of the funding workflow.

Short answer

For larger grants or foundation-managed programs, identity verification is required before disbursement. Well-designed systems treat KYC as a gated dependency, not an afterthought.

Operational challenges

KYC coordination often involves:

  • Tracking who needs KYC
  • Following up on incomplete checks
  • Preventing premature payments
  • Managing sensitive data securely

What good KYC integration looks like

  • KYC status visible in grant workflow
  • Automatic blocking of payments until complete
  • Clear follow-up mechanisms
  • Privacy-preserving verification

Related

→ The grant lifecycle→ Grant fund disbursement

Karma's role

Karma integrates KYC into the grant workflow so verification happens seamlessly without delaying other operations.