Veriff

Veriff's Locations

Veriff, founded in 2015, is strategically located in major business hubs around the world including Tallinn, Estonia; New York, USA; London, United Kingdom; and Barcelona, Spain. These locations enable Veriff to maintain a robust global presence and serve a diverse portfolio of clients across different regions including Europe, America/Canada, and partly remote setups. This geographical diversity also allows Veriff to attract a varied talent pool and leverage local market insights for better client service and innovation.

Veriff's Services

Veriff provides AI-powered identity verification (IDV) software designed to prevent fraud, build trust, maintain compliance, and support global growth. The platform leverages an intelligent decision engine capable of analyzing thousands of technological and behavioral variables within seconds. Veriff's solutions support verification against over 10,000 government-issued IDs from more than 190 countries and cover 48 unique languages and dialects. The platform achieves a remarkable 98% check automation rate, ensuring 95% of genuine users are verified successfully on their first attempt. This high level of automation and accuracy is crucial for industries like fintech, crypto, and mobility, where security and user experience are paramount.

Veriff's Compliance and Security

Veriff is committed to ensuring the highest standards of data protection and regulatory compliance. The company adheres to several stringent compliance frameworks including CCPA/CPRA, GDPR, SOC2 type II, ISO 27001, and WCAG Accessibility Guidelines. This commitment not only protects end-user data but also helps Veriff's clients maintain their own compliance and security standards. The robust security measures and compliance protocols make Veriff a trusted partner for organizations looking to mitigate risks associated with identity fraud and ensure data security across their operations.

Veriff's Industry Impact

Operating within the B2B sector, Veriff has made significant strides in sub-industries like engineering, product design, and compliance. The company's AI-powered identity verification solutions are particularly impactful in sectors such as fintech, cryptocurrency, and mobility. By enabling organizations to verify identities quickly and accurately, Veriff helps reduce fraud, streamline onboarding processes, and enhance customer trust. This technological edge has made Veriff a critical player in the digital transformation journeys of many global organizations, allowing them to innovate and expand securely.

Veriff's Y Combinator Journey

Veriff is an alumnus of the prestigious startup accelerator Y Combinator, having participated in the Winter 2018 (W18) batch. This experience provided Veriff with invaluable mentorship, networking opportunities, and access to early-stage funding, which have been instrumental in its development and growth. The Y Combinator affiliation also adds a level of credibility and recognition, helping Veriff attract top-tier clients and talent. The accelerator's focus on rapid iteration and customer feedback has deeply influenced Veriff's agile approach to product development and market adaptation.