APLYiD

APLYiD is a New Zealand-based SaaS startup founded in 2018, with a strong focus on biometric identity verification and onboarding. The company's slogan "Empowering the trust, in people" encapsulates its core mission, highlighting their commitment to streamlined ID verification in less than 90 seconds, promoting simplicity, security, and safety. The company's last investment round saw a significant injection of NZD7.00M in a Series A funding at 28 October 2021, with participation from notable investors including Octopus Ventures and Tribe Global Ventures. This substantial investment indicates strong market confidence in APLYiD's innovative approach and its potential for rapid growth and scalability in the AML software platform domain. APLYiD's automated KYC process, coupled with a seamless biometric onboarding experience, positions the company as a leader in customer verification solutions. Its claim to be the world's fastest-growing AML platform further solidifies its standing as a disruptive force in the industry. In summary, APLYiD's innovative approach to biometric identity verification, coupled with its recent significant Series A investment and impressive client onboarding speed, makes it a compelling prospect for venture capital firms seeking promising opportunities in the identity verification and AML compliance sectors.