Sumsub logo — The power of one verification platform

Sumsub

The power of one verification platform

Founded 2015 Cyprus Cyprus 953 employees Series B Total: $36.00M Analytics, Big Data +5

General Information

Company Name Sumsub
Founded Year 2015
Location Cyprus Cyprus
Employees 953
Industries Analytics, Big Data, Computer Vision +4
Funding Stage Series B
Business Model B2B, SaaS, Platform
Revenue Model Usage Based, Subscription, Transaction Fee

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About Sumsub

Sumsub, founded in 2015, positions itself as a trailblazer in full-cycle verification technology, bringing to life its slogan, "The power of one verification platform." The company is headquartered in Cyprus and operates across several crucial industries, including Analytics, Big Data, Computer Vision, Cyber Security, Fintech, Information Technology, and Transportation.

Sumsub offers a scalable compliance solution that extends from identity verification to ongoing monitoring, customized to fit diverse risk profiles and market needs. Its adaptive capabilities make it a compelling tool for businesses striving to stay ahead in an ever-evolving regulatory landscape.

The company gained significant investor confidence with a recent $30.00M Series B investment on 01 December 2022. This capital injection will likely fuel its growth and enhance its platform capabilities, solidifying its standing as a fundamental asset for sectors that demand robust compliance solutions.

Business keywords: full-cycle verification, identity verification, business verification, KYC, KYB, transaction monitoring, fraud prevention, digital identity, AML/CTF compliance, FATF standards, conversion optimization, fintech solutions, industry regulatory compliance

Services & Products

User Verification
Business Verification
Liveness Detection
Transaction Monitoring
Fraud Networks
Compliance Reporting

Target Customers

Fintech Companies iGaming Operators Trading Platforms Cryptocurrency Exchanges Mobility Services Online Marketplaces

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $30.00M -
01 Dec 2022
Series A $6.00M 3
MetaQuotes Software Corp., Ilia Perekopsky +1
01 Sep 2020
Seed Undisclosed 2
Flint Capital, United Capital Partners
01 Oct 2017

Sumsub Alternatives & Competitors

View All Alternatives
Sumsub vs
iDenfy
iDenfy Lithuania

Powerful, All-In-One Identity Verification, Fraud Prevention and Compliance Platform.

Seed
47 employees
Analytics, Big Data
Sumsub vs
ComplyCube
ComplyCube United Kingdom

The new standard in identity & KYC verification

Pre-Seed
20 employees
API, Analytics
Sumsub vs
Sanction Scanner
Sanction Scanner United Kingdom

Sanction Scanner is a trusted RegTech solution that streamlines AML and KYC compliance with speed an...

Pre-Seed
26 employees
AI, Fintech

FAQ About Sumsub

The power of one verification platform
Sumsub was founded in 2015.
Sumsub is headquartered in Cyprus.
Sumsub operates in Analytics, Big Data, Computer Vision, Cyber Security, Fintech, Information Technology and Transportation. Its work centres on full-cycle verification, identity verification, business verification and KYC. Its customers include Fintech Companies, iGaming Operators and Trading Platforms.
Sumsub has a B2B, SaaS and Platform business model. Its revenue comes from Usage Based, Subscription and Transaction Fee.
Sumsub has approximately 953 employees.
Sumsub has completed 3 funding rounds, raising a total of $36.00M. The latest funding stage is Series B.
Sumsub offers: User Verification, Business Verification, Liveness Detection, Transaction Monitoring, Fraud Networks, Compliance Reporting.
Top alternatives and competitors to Sumsub include iDenfy, ComplyCube, Sanction Scanner, Trulioo, AU10TIX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sumsub and iDenfy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Sumsub, https://bouncewatch.com/company/sumsub, updated 9 March 2026. When citing, please name BounceWatch and link this page.

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