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Onfido: Business Overview, Financials & Competitive Analysis

Onfido scores 7/10 on the AskCyborg Cyborg Score (Strong). Onfido is a market-leading AI-driven identity verification platform with enterprise scale and regulatory credibility, now backed by Entrust's financial and distribution strength. 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.

What is Onfido's industry? Onfido (onfido.com) operates in Cybersecurity. AskCyborg classifies Onfido under Cybersecurity in its company registry.

Onfido is a provider of identity verification solutions, including document and biometric authentication. The company was acquired by Entrust in April 2024. It partners with over 1,000 businesses globally to help mill...

7/ 10Strong

Cyborg Score thesis

Onfido is a market-leading AI-driven identity verification platform with enterprise scale and regulatory credibility, now backed...

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Industry Cybersecurity
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: November 2, 2026
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Analyst-debate audio for Onfido

AskCyborg analysts argue the bull and bear cases for Onfido across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

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What's in This Report
Onfido OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Onfido Overview

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Onfido is a provider of identity verification solutions, including document and biometric authentication. The company was acquired by Entrust in April 2024. It partners with over 1,000 businesses globally to help millions access services every week – from billion dollar institutions to hypergrowth start-ups.

Strategic Profile

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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.

Competitive Landscape

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Top competitors include IDnow, IDfy and Signicat. The identity verification market is highly fragmented; Onfido differentiates through proprietary AI/ML capabilities, global document coverage, and enterprise-scale reliability. Rising data breaches and regulations aimed at better data protection have spurred focus on identity management, and the expansion of cloud-based digital services have increased demand for identity verification providers.

Industry Context

Onfido operates in Cybersecurity.

Key facts

Founded: 2012 · Headquarters: London, UK · Employees: 1500+

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on Onfido.

  • 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.
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Recent developments

Material events tracked by the AskCyborg corpus.

  • April 2024Acquired by Entrust Corporation for approximately $650 million
  • April 2020Raised $100 million Series D funding round led by TPG Growth
  • +1 moreTrack every material event for Onfido as it happens. Explore monitoring →
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

IDnowDigital identity and age verification platform→IDfyDigital identity and compliance verification→SignicatDigital identification and eSignature platform→JumioAI-powered identity verification and compliance→

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Industry context

Onfido operates in Cybersecurity. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Onfido do?+
Onfido is a provider of identity verification solutions, including document and biometric authentication. The company was acquired by Entrust in April 2024. It partners with over 1,000 businesses globally to help mill...
What is Onfido's Cyborg Score?+
Onfido has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Onfido's main competitors?+
Named competitors include IDnow, IDfy, Signicat, Jumio. The full competitive landscape is in the AskCyborg report.
How can I get the full Onfido research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Onfido research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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