Equal Identity is an ID-sharing platform that integrates over 50 identity providers and 4,000 APIs, enabling businesses to implement custom workflows for identity verification. The platform enhances security and compliance with real-time fraud detection and consent management, addressing the challenges of identity verification in various industries.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses face challenges in efficiently and securely verifying user identities due to fragmented systems, reliance on multiple identity providers, and the increasing sophistication of online fraud. This complexity leads to higher operational costs, increased risk of fraud, and difficulties in complying with evolving data privacy regulations.
Solution
Equal Identity offers a unified identity verification platform that aggregates over 50 identity providers and 4,000 APIs, enabling businesses to streamline and customize their identity verification workflows. The platform provides a single point of integration for accessing diverse identity data sources, allowing businesses to create tailored verification processes that meet their specific needs. By incorporating real-time fraud detection and a built-in consent manager, Equal Identity helps businesses enhance security, reduce fraud losses, and ensure compliance with data privacy laws like the DPDP Act. The platform's advanced routing engine and 1-Click ID Wallet contribute to achieving high identity success rates, improving user onboarding and overall operational efficiency.
Target Audience
Equal Identity primarily serves large businesses in India across various sectors, including banking, financial services, real estate, healthcare, and e-commerce, that require robust and compliant identity verification solutions.
Features
- Aggregated access to 50+ identity providers and 4,000+ APIs through a single integration point.
- Customizable workflow engine for creating conditional and automated identity verification processes.
- Advanced fraud detection engine with multi-factor checks and real-time ID verification against source of truth.
- Consent management module for compliance with data privacy regulations, including audit trails.
- 1-Click ID Wallet for streamlined consumer onboarding and profile creation.
- Business rule engine for automating identity-related operations and enhancing security.
- Face verification capabilities using facial recognition technology.
- Comprehensive API documentation, product guides, and API libraries for easy integration.