IDfy

About:

IDfy is an online fraud detection and identity platform that provides background verification services to banks and financial institutions.

Website: https://www.idfy.com/

Twitter/X: getidfyed

Top Investors: TransUnion CIBIL, New Enterprise Associates, Blume Ventures, Trifecta Capital Advisors, Tenacity Ventures

Description:

IDfy is an online fraud detection and identity platform that provides background verification services to companies. The company's proprietary systems are built on machine-learning-based anomaly detection, machine vision, and identity authentication techniques. These systems catch new and emerging fraud as well as fraud that previously went undetected, keeping our clients, their customers, and employees safe and secure. IDfy aims to make interactions and transactions safer and more trustworthy by providing businesses with the tools they need to verify identities and detect fraud. The company's solutions help reduce the risk of financial loss and reputational damage caused by fraud. The company also provides risk and fraud solutions processing half a million people profiles every month for more than 150 companies. These include the best-known names in Fintech, Cryptocurrencies, Insurance, Telecom, E-commerce, Taxi aggregation, and P2P exchanges. IDfy was founded in May 2011 and is headquartered in Mumbai, Maharashtra, India.