Microblink provides AI-powered document verification solutions that utilize computer vision and machine learning to scan and authenticate identity documents in real-time. This technology enables businesses to efficiently onboard customers, comply with regulatory requirements, and reduce fraud risk, processing over 3 billion IDs annually with 99.9% uptime.
Funding
$60M 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 verifying the authenticity of identity documents during customer onboarding and other processes. Traditional methods are often slow, manual, and prone to errors, leading to increased operational costs and potential fraud risks.
Solution
Microblink provides AI-powered document verification solutions that automate the scanning, data extraction, and authentication of identity documents. Using computer vision and machine learning, the platform enables real-time verification, helping businesses streamline customer onboarding, comply with KYC/AML regulations, and mitigate fraud. The technology supports a wide range of identity documents from over 140 countries, ensuring global coverage and seamless integration into existing workflows. By automating document verification, Microblink helps businesses reduce manual effort, improve accuracy, and enhance the overall customer experience.
Target Audience
Microblink's primary customers are businesses in banking and financial services, insurance, telecom, CPG, and retail industries that require efficient and secure identity verification processes.
Features
- AI-powered document scanning and data extraction from identity cards, passports, driver's licenses, and other documents
- Real-time identity verification to prevent fraud and ensure compliance
- Support for 2,500+ identity document types from over 140 countries
- On-device credit card scanning for secure data capture
- Award-winning UX to minimize friction and drive higher completion rates
- Flexible APIs and SDKs for fast and easy integration
- Fraud Lab for continuous improvement of fraud detection capabilities