Shufti
Shufti is a regtech company that provides identity verification and fraud prevention software for businesses. The technology performs real-time identity verification using document authentication, facial recognition, biometric analysis, and liveness detection to verify customer identities during onboarding and transaction processes. Shufti platform offers a comprehensive suite of verification services including KYC…
Funding snapshot
About
Shufti is a regtech company that provides identity verification and fraud prevention software for businesses. The technology performs real-time identity verification using document authentication, facial recognition, biometric analysis, and liveness detection to verify customer identities during onboarding and transaction processes. Shufti platform offers a comprehensive suite of verification services including KYC (Know Your Customer), KYB (Know Your Business), AML (Anti-Money Laundering) screening, and transaction monitoring. The solution helps businesses comply with regulatory requirements while reducing fraud, supporting verification across multiple document types and jurisdictions with global coverage. Founded in 2016 and headquartered in London, United Kingdom, Shufti has raised $20 million in Series A funding from Updata.
Business model
Cybersecurity > IAM > Biometrics > Physiological > Facial Biometrics > Face Liveness Detection,
GRC Software > Compliance > KYC,
Security & Surveillance Technology > Tech Enabled Service,
Banking Tech > RegTech > Onboarding KYC and AML,
RegTech > KYC > API Based
Institutional investors
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