Founded Year

2015

Stage

Incubator/Accelerator | Alive

Total Raised

$192.32M

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+26 points in the past 30 days

About Veriff

Veriff specializes in artificial intelligence (AI) powered identity verification within the fraud prevention and compliance sectors. The platform offers services to verify user identities, which are used to prevent fraud and ensure compliance with regulations. Veriff's solutions are utilized across various industries, including financial services, mobility, crypto, gaming, education, and healthcare. It was founded in 2015 and is based in Tallinn, Estonia.

Headquarters Location

39 Tatari Street

Tallinn, 10134,

Estonia

+ 372 627 4135

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Veriff's Product Videos

ESPs containing Veriff

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Regulatory & Legal Tech

The identity verification market focuses on providing technologies and processes to verify the identities of individuals in both online and offline interactions, as well as prevent identity fraud. These solutions cater to a wide variety of industries and include new account and also synthetic fraud prevention, which involve bad actors stealing all or part of a person’s information to open new acco…

Veriff named as Challenger among 15 other companies, including SAP, Ping Identity, and Onfido.

Veriff's Products & Differentiators

    Document and Identity Verification

    Enables organizations to onboard more genuine customers with greater accuracy, all while delivering high conversion rates. It includes Fraud Protect, which uses machine learning-powered checks and advanced fraud prevention strategies. The solution is available for document-only verification or document and selfie. We have a Full Auto IDV option that uses machine learning for those customers who need a fast, definitive, and fully automated decision. We also have a Hybrid IDV solution that is highly automated but backed by our highly trained Verification Specialists for those customers where accuracy and fraud prevention are key. Veriff’s IDV solutions support iOS, Android™, mobile web, and web SDK or API.

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Research containing Veriff

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Veriff in 6 CB Insights research briefs, most recently on Mar 14, 2024.

Expert Collections containing Veriff

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Veriff is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

R

Regtech

1,921 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.

D

Digital Lending

2,577 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

A

Artificial Intelligence

10,014 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

C

Cybersecurity

10,704 items

These companies protect organizations from digital threats.

D

Digital ID In Fintech

268 items

For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.

Latest Veriff News

ID Tech Digest – March 24, 2025

Mar 24, 2025

ID Tech March 24, 2025 Welcome to ID Tech’s digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: Bumble Adds ID Verification to Fight Dating App Romance Scams Bumble has introduced biometric ID verification , developed with Veriff, across 11 markets including the US and UK, aiming to combat rising romance scams on its dating platform. Users can now verify their identities through government-issued IDs and selfie biometrics, earning a verified profile badge. Additional safety features include the ability to share date details in real-time with trusted contacts and filter for verified profiles. This rollout coincides with increased market demand for strong identity solutions and follows similar moves by competitor Tinder, though Bumble recently faced legal challenges related to biometric data privacy. Met Police to Install First Permanent Facial Recognition Cameras in London The Metropolitan Police will install the UK’s first permanent facial recognition cameras in Croydon , South London, marking a significant shift from mobile deployments to fixed surveillance infrastructure. Mounted on lampposts and buildings, the cameras will scan faces against a criminal suspect database, building on the Met’s previous success, which led to 540 arrests in 2023. While local officials support the move, privacy advocates warn of serious implications for civil liberties and demand stronger legislative oversight. The decision aligns with broader national trends, as more UK police forces, including Essex Police, adopt facial recognition systems. iProov Launches Biometric MFA Solution to Combat Rising Workforce ID Theft iProov has introduced “Workforce MFA,” a facial biometric authentication solution designed to combat workforce identity theft through liveness detection and device-binding technology. This new offering responds to a sharp increase in sophisticated cyber threats, including a recent 2,665 percent rise in virtual camera attacks. Workforce MFA ensures genuine user presence, preventing deepfake or spoofing attempts. The launch builds on iProov’s successful biometric deployments, such as its partnership with Microsoft Entra ID and recent high-security implementations with the UK Border Force, reinforcing protection for remote workforces against evolving cybersecurity threats. OpenID Foundation to Demo New AuthZEN Standard with 15 Industry Partners The OpenID Foundation will demonstrate its new AuthZEN authorization standard at Gartner’s Identity and Access Management Summit in London on March 24-25, 2025, featuring real-world interoperability among 15 participating companies. AuthZEN co-chairs David Brossard and Omri Gazitt will present “AuthZEN: the ‘OpenID Connect’ of Authorization,” emphasizing how the standard aims to revolutionize authorization practices industry-wide. The demonstration underscores growing industry support for standardized authorization, positioning AuthZEN as a potentially transformative framework in identity and access management. Google Expands Screen-Off Fingerprint Unlock to Older Pixel Phones Google has introduced screen-off fingerprint unlock capability to older Pixel devices in Android 16 Beta 3, enabling users of Pixel 6 series and later models to unlock their phones without first waking the screen. Previously exclusive to the Pixel 9, this feature represents a significant usability improvement, overcoming technical challenges related to under-display optical fingerprint scanners. Users can activate this option in device settings, with a broader rollout expected in the stable Android 16 release in late June 2025. Digital Wallet Leaders to Headline Identity Week Europe 2025 Conference Identity Week Europe 2025 has confirmed a prominent lineup for its digital wallets session , featuring executives from Credit Agricole, Audkenni, Swisscom, and key German institutions, exploring how digital wallet technology is transforming identity verification and transactions. Scheduled for June 17-18 in Amsterdam, speakers such as Patrick Agopian, Haraldur Bjarnason, Christina Hirsch, Mirko Mollik, and Christian Lange-Hausstein will discuss implementation across sectors and its impact on identity management. The conference emphasizes diversity and industry-wide perspectives, reflecting the growing significance of digital wallets in financial, telecom, and government services. FacePhi Debuts AI Platform to Combat Money Mule Fraud in Banking Facephi has introduced an AI-driven platform aimed at detecting money mule accounts and combating financial fraud through analytics, behavioral monitoring, and machine learning. The platform identifies suspicious transaction patterns and structured money laundering in real-time, extending Facephi’s biometric verification expertise into broader automated fraud prevention. This move addresses increased financial crime challenges post-pandemic, emphasizing interbank collaboration to strengthen anti-fraud measures across the financial sector. – Partners Oz Forensics is the independent private vendor of robust, technology-based, and AI-powered liveness detection and face-matching solutions founded in 2017 and headquartered in Dubai, UAE. We confirm the security level of our solution by certifying the ISO-30107 Level 1 and 2 standards. https://ozforensics.com/ AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/ FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com Founded in 2007, Lakota Software Solutions is an American company with a world-renowned reputation for developing robust biometric software and systems. Our vendor-agnostic products are tailored to ensure compliance with ANSI/NIST-ITL standards and EBTS specifications, facilitate seamless integration with other biometric systems, and optimize accuracy, cost-effectiveness, and scalability. https://lakotasoftware.com/ Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/ The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

Veriff Frequently Asked Questions (FAQ)

  • When was Veriff founded?

    Veriff was founded in 2015.

  • Where is Veriff's headquarters?

    Veriff's headquarters is located at 39 Tatari Street, Tallinn.

  • What is Veriff's latest funding round?

    Veriff's latest funding round is Incubator/Accelerator.

  • How much did Veriff raise?

    Veriff raised a total of $192.32M.

  • Who are the investors of Veriff?

    Investors of Veriff include Leading European Tech Scaleups, Institutional Venture Partners, Accel, Alkeon Capital Management, Tiger Global Management and 14 more.

  • Who are Veriff's competitors?

    Competitors of Veriff include Saffe, ZignSec, Identomat, iDenfy, Sumsub and 7 more.

  • What products does Veriff offer?

    Veriff's products include Document and Identity Verification and 4 more.

  • Who are Veriff's customers?

    Customers of Veriff include Bolt, Stake/ Easygo, Blockchain and Trustpilot.

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Compare Veriff to Competitors

Socure Logo
Socure

Socure is a platform in the digital identity verification and trust sector, utilizing artificial intelligence and machine learning within the financial services, government, gaming, healthcare, telecom, and e-commerce industries. The company offers a predictive analytics platform that employs AI and machine learning techniques to verify identities in real time, using online and offline data intelligence such as email, phone, address, intellectual property, device, and velocity. Socure's clientele includes a range of sectors, primarily focusing on financial services, government, and technology-driven industries. It was founded in 2012 and is based in Incline Village, Nevada.

Trulioo Logo
Trulioo

Trulioo focuses on global online identity verification and operates within the technology and security sectors. The company offers services such as individual and business identity verification, watchlist screening, and identity document verification, all aimed at ensuring know-your-customer (KYC) and know-your-business (KYB) compliance. Trulioo primarily serves sectors such as banking, cryptocurrency, online trading, and wealth management. It was founded in 2011 and is based in Vancouver, Canada.

Au10tix Logo
Au10tix

Au10tix focuses on identity verification and fraud prevention within sectors such as finance, e-commerce, and technology. The company provides services including document verification, biometric identification, and compliance solutions. Au10tix's offerings include tools for KYC, AML, and age verification. It was founded in 2005 and is based in Hod Hasharon, Israel.

Sumsub Logo
Sumsub

Sumsub develops an identity verification service operating within the compliance and fraud prevention sectors. The company provides a service for verifying users, businesses, and transactions, as well as monitoring for suspicious activities and preventing fraud through machine learning algorithms. It serves industries such as fintech, online gaming, trading, crypto, and transportation. The company was founded in 2015 and is based in London, United Kingdom.

Persona Logo
Persona

Persona specializes in managing Know Your Customer (KYC) and Know Your Business (KYB) programs, as well as fraud prevention, within the identity verification sector. Their main offerings include automating the collection, verification, and management of sensitive personal information for businesses, and providing tools for case review and orchestration to streamline identity operations. Persona primarily serves sectors that require stringent identity verification and compliance, such as education and finance. It was founded in 2018 and is based in San Francisco, California.

Mitek Systems Logo
Mitek Systems

Mitek Systems provides mobile capture and digital identity verification solutions in the technology sector. The company offers products like an identity verification platform, biometric authentication, and mobile deposit services for businesses to verify user identities during digital transactions. Mitek's solutions serve financial institutions, fintech companies, and other businesses in regulated markets, focusing on financial risk and compliance requirements. Mitek Systems was formerly known as Mitek Systems of Delaware, Inc.. It was founded in 1986 and is based in San Diego, California.

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