Markaaz operates a global business identity platform that verifies and enriches data for over 542 million businesses worldwide. The platform provides real-time verification, data enrichment, and continuous monitoring services to reduce fraud and streamline Know Your Business (KYB) compliance. Businesses use Markaaz to accelerate customer onboarding, improve data accuracy, and manage portfolio risk effectively.
Funding
$14M 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
Financial institutions and other businesses face challenges in efficiently verifying the legitimacy and compliance status of other businesses, leading to increased risk of fraud and slower customer onboarding processes. Traditional methods often involve manual checks and disparate data sources, resulting in delays and potential inaccuracies.
Solution
Markaaz offers an enterprise-grade B2B platform that streamlines business verification, compliance, and monitoring through low-code/no-code APIs. The platform provides access to a global database of over 542 million business records across more than 200 countries, enabling real-time verification and risk assessment. By automating the Know Your Business (KYB) process, Markaaz helps financial institutions and other businesses accelerate customer onboarding, reduce fraud costs, and improve compliance with regulatory requirements. The platform delivers instant results, often in sub-seconds, facilitating scalable and efficient assessments for large-batch files.
Target Audience
The primary target audience includes banks, financial institutions, and other businesses that need to verify the legitimacy and compliance of other businesses for onboarding, risk management, and regulatory compliance purposes.
Features
- Real-time business verification against a global database of 542M+ records.
- Low-code/no-code APIs for easy integration into existing systems.
- Automated KYB and compliance checks.
- Daily, weekly, or monthly updates on firmographic, compliance, and credit risk data.
- Developer-friendly portal with personalized support for seamless integration.
- Interactive demo for real-time insights.
- Option to test match rates against customer lists.