ZignSec provides a cloud-based identity verification platform that utilizes real-time document and biometric verification to ensure compliance with KYC, KYB, and AML regulations. The service enables businesses to onboard users quickly while preventing fraud and maintaining a seamless customer experience across various industries.
Funding
$5M 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 increasing challenges in complying with Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) regulations, leading to complex and time-consuming onboarding processes. Traditional verification methods can be slow, costly, and prone to fraud, hindering customer acquisition and impacting user experience.
Solution
ZignSec offers a cloud-based identity verification platform that streamlines the entire customer lifecycle, from initial onboarding to continuous monitoring. The platform leverages real-time document and biometric verification, along with multiple data sources, to automate KYC, KYB, and AML compliance. By consolidating the verification flow into a single platform, ZignSec enables businesses to quickly and securely onboard users while preventing fraud and ensuring a seamless customer experience. The platform offers both an API and a user interface, allowing businesses to configure the onboarding flow to meet their specific needs.
Target Audience
ZignSec primarily serves businesses in regulated industries such as payments, digital banking, crypto exchanges, iGaming, travel, mobility services, healthcare, telecommunications, and marketplaces that require robust identity verification solutions.
Features
- Real-time document verification using cutting-edge technology
- Biometric verification for enhanced security
- Automated KYC, KYB, and AML compliance checks
- Customizable verification workflows via API or UI
- Scalable platform supporting over 200 regions
- Continuous monitoring for ongoing compliance
- Integration with multiple data sources for comprehensive verification
- Detailed reports highlighting reasons for verification failure