AI-Powered Identity Verification & KYC Compliance Platform

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  Shufti

  London, England, United Kingdom

  Shufti is a London-headquartered global identity verification platform offering AI-powered Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) compliance solutions. Founded in 2017 by Shahid Hanif, the company was born from Hanif's personal frustration with slow manual identity checks. Today, Shufti serves over 2,000 enterprises across 240+ countries, verifying documents in 150+ languages. Its core Global Trust Platform combines document verification, facial biometrics, liveness detection (iBeta Level 3 certified with 0% APCER), and continuous fraud monitoring. The company is used by regulated industries including fintech, crypto, banking, insurance, and e-commerce. Shufti has been recognised as a G2 Leader, ranked by Gartner for document diversity, and named Exceptional in the Liminal Index for age estimation. As of 2026, the company is bootstrapped with $20 million in Series A funding from Updata Partners (2022), employs about 185 people, and generates an estimated $20.4 million in annual recurring revenue. In January 2025, co-founder Shahid Hanif became CEO, succeeding Patrick Cox, who remains on the board.

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  Veriff

  Tallinn, Harjumaa, Estonia

  Veriff is a global, AI-native identity verification company headquartered in Tallinn, Estonia, founded in 2015 by Kaarel Kotkas (CEO) and Janer Gorohhov (COO). The company provides an automated, intelligent platform that verifies user identities by analyzing over 1,000 technological and behavioral signals per session, including government-issued document checks, facial recognition, and liveness detection. This process delivers identity verification decisions with 99.6% accuracy in approximately six seconds, helping businesses prevent fraud, meet KYC/AML compliance, and accelerate digital onboarding. Veriff's platform supports more than 10,000 ID types from over 230 countries and territories, and serves more than 3,000 customers globally, spanning fintech, crypto, gaming, mobility, and social sectors. Notable clients include Uber, Bumble, and Berliner Verkehrsbetriebe (BVG). A Y Combinator graduate (2018) and backed by investors such as Accel and Mosaic Ventures, Veriff has raised over $100 million in total funding, achieved a valuation of $1.5 billion, and reports more than 80% year-over-year revenue growth. The company employs approximately 500 people (as of 2025) across offices in Tallinn, New York, London, and other locations, and continues to expand its AI-driven trust infrastructure globally.