The startup offers an AI-powered KYC and identity verification platform that automates user verification processes, including live video calls for real-time identity proofing. This solution addresses the challenges of identity fraud and remote verification by providing a customizable workflow that ensures compliance and efficiency in online applications.
Funding
$4.2M 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
Online identity fraud and the increasing complexity of KYC/AML regulations create significant challenges for businesses, leading to inefficient customer onboarding, increased operational costs, and potential compliance violations. Traditional verification methods often lack the speed and accuracy required to effectively mitigate these risks in a digital environment.
Solution
Identomat offers an AI-powered identity verification platform that streamlines KYC/AML compliance and automates customer onboarding. The platform uses advanced biometric liveness detection, facial recognition, and document OCR to validate user identities against government-issued IDs and authoritative data sources. It provides a customizable workflow engine, allowing businesses to tailor the verification process to their specific risk profiles and regulatory requirements. Identomat's solution supports both fully automated and human-in-the-loop verification processes, ensuring accuracy and compliance while minimizing friction for legitimate users.
Target Audience
Identomat serves businesses across various industries, including banking, finance, fintech, online gambling, healthcare, eCommerce, and government, that require robust and compliant identity verification solutions.
Features
- AI-powered ID verification supporting 1000s of ID types from over 165 countries
- iBeta Level 2 certified biometric liveness detection to prevent spoofing and fraud
- Real-time AML screening against global sanctions, PEP, and adverse media lists
- Video KYC for secure onboarding and compliance with human-in-the-loop workflows
- Configurable KYC questionnaires for capturing detailed customer data
- Automated proof-of-address verification using OCR and location signals
- Age verification to ensure compliance with age-restricted goods and services
- Biometric MFA for passwordless authentication and account recovery
- Mobile SDKs, Web APIs, and no-code options for flexible integration and deployment (cloud, on-premises, hybrid)