Onfido

AI-powered specialist in online identity verification

Signature Verification
2012 Founded in
London, United Kingdom (acquired by Entrust in April 2024 for around $650M) Headquarters
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Overview

AI-powered specialist in online identity verification, now part of Entrust's security suite since April 2024. The platform combines document analysis, facial biometrics and passive fraud detection to authenticate users remotely across 195 countries from more than 2,500 types of identity document. Founded in Oxford in 2012, Onfido had more than 1,200 customers, 500 employees and $140 million in annual revenue before being acquired by Entrust for around $650 million. Its proprietary Atlas AI engine prevented $6 billion in potential fraud in the 18 months prior to the acquisition. The solution integrates through a no-code orchestrator (Workflow Studio) and mobile and web SDKs for a seamless user experience. The Atlas engine combines passive and active signals to detect fraud attempts, including deepfakes, which have surged by 3,000% in recent years. Before the acquisition, Onfido employed more than 500 people and served customers across banking, e-commerce, online gaming and the sharing economy. Integration into the Entrust ecosystem strengthens the value proposition with complementary solutions for identity management, digital certificates and transaction security. Acquired by Entrust for around $650M in April 2024, $140M annual revenue, 1,200+ customers worldwide, 500+ employees, $6B in fraud prevented in 18 months, founded in Oxford in 2012

Recognized in the Gartner Magic Quadrant for identity verification two years in a row

Key features

Pricing

Who is it for?

Financial institutions and fintechs subject to KYC/AML obligationsE-commerce platforms and marketplaces requiring identity verificationRegulated online gaming and betting sectorSharing economy and collaborative platformsMore than 1,200 customers worldwide

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