• FOUNDING YEAR: 2014
    LOCATION:
    Germany
    REGION:
    BY
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
IDnow offers two different products: 1. IDnow Video-Ident: The platform enables identification of an individual by video chat while taking into account all the requirements of the Money Laundering Act, data protection directives, and supervisory authorities like BaFin, FIAU, FINMA or FMA. The identity verification platform enables consumers to verify their identity online, using their smartphone, tablet or webcam via image recognition of their ID. 2. IDnow eSign: The online contract conclusion platform enables businesses to sign contracts with their customers online with the help of an electronic signature. Recently, IDnow launched KYC solutions for crypto providers. It has rolled out two new services: IDnow Crypto-Ident (photo) and IDnow Crypto-Ident (video) to enable crypto providers to comply with AML regulations. For the photo solution, the customers have to take a picture of their ID document and a selfie and upload it to the platform, whereas for the video option, customers have to display their ID document in front of their webcam/smartphone and follow the instructions of the Ident specialist.

PEOPLE

MEDICI analysts will analyze IDnow soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
DATE OF LAST FUNDING:
Sep 2016
TOTAL FUNDING COMMENT:
An undisclosed amount was raised in Series A funding in 2016.
LISTED:
NO

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