Kimlic is revolutionizing the way businesses approach Know-Your-Customer (KYC) processes, offering a comprehensive marketplace for online ID verification providers. Founded in 2017, this Turkey-based startup is at the forefront of merging blockchain technology with cyber security and information technology to create a seamless and secure user experience.
With a unique approach to identity verification, Kimlic introduced its blockchain-based, GDPR-compliant KYC decentralized application in December 2017. This innovation was recognized when they won the Best Start-up award at the Webrazzi Summit'17 Arena. Their application removes the need for central storage of identity proof documents and private keys, which remain on the user's device, enhancing security and user control.
While Kimlic has not disclosed information on its latest investments, the startup is already making waves in industries like analytics, blockchain, and cyber security. This makes Kimlic a compelling opportunity for venture capitalists looking to invest in disruptive technology reshaping digital identity verification and security.