Soyio provides a secure platform for individuals to access and control their personal data held by organizations. The platform generates auditable records of data access and usage, helping companies comply with privacy regulations and reduce data breach risks.
Funding
$1M 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.
CFounders
Product
Problem
Organizations face increasing challenges in managing user identities, consent, and data privacy in compliance with evolving regulations. Existing solutions often lack the integration and automation needed to streamline these processes, leading to increased operational burdens and potential compliance risks.
Solution
Soyio provides a modular platform designed to automate personal data management and simplify compliance with privacy regulations. The platform unifies identity verification, consent management, and user rights management into a single, easily integrated solution. By offering verifiable evidence of user consent and data handling practices, Soyio helps legal and technical teams build compliant products that foster trust and improve user onboarding. The platform's modules can be used separately or together to streamline digital processes, enhance user experience, and provide a secure, permission-based access to verified user data.
Target Audience
Soyio targets legal and technical teams within organizations that require streamlined identity and consent management to comply with data privacy regulations, as well as regulated industries such as fintech that require robust identity verification and authentication processes.
Features
- Identity Verification Module: Enables fraud detection, regulatory compliance, and high-conversion onboarding through frictionless identity verification.
- Authentication Module: Secures critical transactions with fast, passwordless authentication using passkeys and cryptographic evidence.
- Consent Management Module: Facilitates granular consent management with a centralized, single source of truth for user permissions.
- Rights Management Module: Automates the handling of user data requests, streamlining internal processes with tracking and notifications.
- Electronic Signature Module: Simplifies processes and ensures compliance with a secure, legally binding electronic signature solution.
- 3D liveness detection to prevent deepfakes and ensure biometric verification security, certified with NIST/NVLAP Level 1 and 2.
- FIDO2 protocol support for passwordless authentication, leveraging device-native passkeys and asymmetric cryptography.
- API for integration with internal audit and compliance systems, providing real-time access for regulatory reporting and internal reviews.