Onfido is a technology company that helps businesses verify people's identities using a photo-based identity document, a selfie and artificial intelligence algorithms, founded in July 2012 by three former students at the University of Oxford: Husayn Kassai, Eamon Jubbawy, and Chief Architect Ruhul Amin. The company offers tools for workflow orchestration, data verification, and fraud detection, facilitating secure customer onboarding and regulatory compliance through its suite of products.
Cyborg Score Rationale
Onfido's acquisition by Entrust in April 2024 validates its market leadership. The platform serves major enterprises and has proprietary AI capabilities developed over 10+ years, but as a private subsidiary now, growth metrics and revenue are opaque post-acquisition.
Top Insights
The Onfido Atlas™ AI powers the platform's fully-automated, end-to-end identity verification, developed in-house for over 10 years, ensuring analysis is fair, fast and accurate.
Onfido automates checks on over 4,500 document types across 195 countries detecting anomalies automatically, while using human experts to verify outliers.
Top competitors include companies like IDnow, IDfy and Signicat.
Headquartered in London, it has more than 1500 employees working in offices in San Francisco, Albuquerque, New York, Lisbon, Paris, Berlin, Amsterdam, Delhi, Mumbai, Bangalore and Singapore.
Named Competitors
IDnow — Digital identity and age verification platform
IDfy — Digital identity and compliance verification
Signicat — Digital identification and eSignature platform
Jumio — AI-powered identity verification and compliance
Recent Developments
(April 2024) Acquired by Entrust Corporation for approximately $650 million
(April 2020) Raised $100 million Series D funding round led by TPG Growth
Integration underway into Entrust's broader identity and cybersecurity platform ecosystem
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