Kaarel Kotkas
CEO
Veriff
Veriff provides an AI-powered identity verification platform that combines automated document and biometric checks with human verification to prevent online identity fraud. The platform enhances user experience by ensuring 95% of genuine users are verified on their first attempt, while maintaining compliance with regulatory standards.
- Artificial Intelligence
- Cybersecurity
- Enterprise Software
- Financial Technology
- Software Only
Updated 23 months ago
Funding
Raised to date
$192.3MRaised 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.
+3Funding rounds are not available yet.
Founders
Product
Problem
Online identity fraud is a growing concern for businesses, leading to financial losses, compliance issues, and erosion of customer trust. Existing identity verification methods often struggle to balance accuracy, speed, and user experience, resulting in either high fraud rates or cumbersome onboarding processes.
Solution
Veriff offers an AI-powered identity verification platform that helps businesses prevent fraud, comply with regulations, and build trusted digital communities. By combining automated document and biometric checks with human verification, Veriff ensures a high level of accuracy and a streamlined user experience. The platform supports a wide range of identity documents and languages, enabling businesses to onboard genuine users from around the world quickly and securely. Veriff's solutions adapt to specific business needs, offering customizable workflows, enhanced fraud detection, and dedicated support.
Target Audience
Veriff targets businesses across various industries, including financial services, mobility, cryptocurrency, gaming, education, healthcare, and HR management, that require robust identity verification solutions for fraud prevention, regulatory compliance, and enhanced user onboarding.
Features
- AI-powered document and identity verification for streamlined onboarding
- Biometric authentication for secure, passwordless access
- Proof of Address verification to approve more users and reduce friction
- Database verification checks for regulatory compliance (KYC, AML)
- Age validation to safeguard users and automate age checks
- Fraud Protect and Fraud Intelligence to mitigate identity fraud
- Support for 12,000+ documents across 48 languages
- Real-time user feedback and a high check automation rate for fast decisions
- Configurable flows and decision engine
- Sandbox environment for integration testing