Husayn Kassai Onfido



t: @Onfido

Li: Onfido

CEO : Husayn Kassai

Founders:    Husayn Kassai, Eamon Jubbawy, Ruhul Amin

Founded: 2012

Sectors:  Compliance, Risk, Regulation

Latest Funding: $50M Series C, April 2019

Total Funding: $110.3M - Lead Investors:   Augmentum, SoftBank

Keywords: Regtech, compliance, AML, KYC, facial biometrics, ID Verification

Who is it for: financial services firms, businesses, market places

HQ: London, UK

OnFido’s technology enables companies to carry out remote reliable background checks. For developers, its innovation lies in being able to quickly integrate these services with apps or websites, allowing developers to easily add background checking. Headquartered in London, Onfido now has offices in San Francisco, New York, Lisbon, Delhi and Singapore. Founded in 2012, Onfido has received over $110m in funding from investors including Microsoft VenturesSalesforce Ventures and Idinvest Partners. Onfido carries out checks in 192 countries for global customers including Revolut, Bitstamp and Zipcar.

In July, Onfido announced a partnership with LendInvest, the UK’s largest marketplace platform for mortgages, to further streamline LendInvest’s digital application process for its Buy-to-Let (BTL) product. In August, Onfido partnered with global remittance company TransferGo to help accelerate their growth. Onfido’s machine learning-based identity verification technology will allow TransferGo to rapidly and securely onboard new users as it continues its global expansion.