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 +6
Employees 953
Industries Analytics, Big Data, Computer Vision +4
Funding Stage Series B

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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.

Taxonomy: 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)

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Funding Stage Amount Investors Lead Investors Date
Series B •••••• - 01 Dec 2022
Series A •••••• 3 •••• •••• 01 Sep 2020
Seed •••••• 2
Investor Investor
01 Oct 2017

Sumsub Alternatives & Competitors

View All Alternatives
Sumsub vs
Verifai
Verifai The Netherlands

Building software to make identity fraud a thing of the past.

2 employees
Analytics, Information Technology
Sumsub vs

Banking-grade identity verifications on video.

Seed
4 employees
Sumsub vs
Ubble.ai
Ubble.ai France

Ubble offers frictionless online identity verification using video and AI to fight against fraud.

Convertible Note
67 employees
AI, Information Technology

FAQ About Sumsub

The power of one verification platform
Sumsub was founded in 2015.
Sumsub is headquartered in Cyprus.
Sumsub operates in the following industries: Analytics, Big Data, Computer Vision, Cyber Security, Fintech, Information Technology, Transportation.
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 Verifai, Fully-Verified, Ubble.ai, AU10TIX, iDenfy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sumsub and Verifai 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.

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