Onfido
About
Onfido is a London-based identity verification company founded in 2012 that uses AI and biometric technology to help businesses verify user identities remotely. The platform combines document verification with facial biometrics to enable onboarding for financial services, sharing economy, healthcare, and other regulated industries. Onfido was acquired by Entrust in 2024 for approximately $400 million. Before the acquisition, the company had raised over $200 million and served customers including Revolut, Zipcar, and Bitstamp across 195 countries, processing millions of identity checks annually.
Recent news
- Entrust is buying AI-based ID verification startup Onfido, sources say for $650M 2024-02-06 · TechCrunch
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