IDfy Overview
Pro stress-test →IDfy, founded in 2011, provides a suite of digital verification and risk management solutions designed to help enterprises onboard customers securely and meet compliance obligations. The company operates in the fast-growing digital trust infrastructure layer, helping companies verify users, detect fraud, conduct background checks, and automate compliance workflows. IDfy is positioned as a critical enabler of frictionless yet secure customer onboarding across fintech, banking, e-commerce, and regulated industries.
Strategic Profile
Pro stress-test →IDfy's platform supports more than 500 enterprise clients across over 10 sectors, operating in seven countries. In February 2026, the company secured $53 million in Series funding as demand for digital identity verification and fraud prevention tools accelerates, with capital directed toward deepening product innovation and expanding international footprint. IDfy competes in a high-growth market driven by intensifying KYC/AML regulatory requirements and rising fraud sophistication powered by generative AI.
Competitive Landscape
Pro stress-test →IDfy ranks 2nd amongst 220 active identity verification competitors, with 54 funded competitors, and stands 6th in total funding. The market includes established RegTech players offering KYC, AML, and fraud prevention solutions. IDfy's competitive advantage lies in its hybrid verification model combining proprietary AI with manual review capabilities, large customer base, and multi-sector presence.
Industry Context
IDfy operates in Identity Verification & Fraud Prevention (RegTech).
Key facts
Founded: 2011 · Headquarters: Mumbai, India · Employees: N/A · Revenue: N/A · Market cap: N/A