IDnow provides the world’s most advanced machine-learning technology for its Identity-as-a-Service platform that can verify in real time the identities of more than 7 billion people from 193 different countries. Their patent-protected video identification and e-signing solutions help their clients save money, improve customer conversion rates and streamline the onboarding process. They are backed by the venture capital investors BayBG, Seventure Partner and Jet A and a consortium of well-known business angels. Founded in 2014, they already count a large and fast growing team of over 300, making them one of Europe’s fastest growing fintechs.
"The speed of the process helped us enormously in making our onboarding process and our service scalable. Moreover, we were able to reduce the operational workload on our back-office team. It is important to us that identification is secure for us and our customers. We work with sensitive data and were looking for a partner we could trust, with security expertise, and knowledge of regulatory requirements and the divergent legislative situations."
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