Authenteq - an FNZ company

Authenteq - an FNZ company

Slogan: Safeguard your future with rapid, secure, and entirely automated identity verification.

Description: Authenteq has been acquired by FNZ Group, a leading global wealth management platform. FNZ specializes in offering personalized solutions at scale across the financial services spectrum, including banks, insurance, and wealth management sectors. FNZ’s comprehensive digital customer onboarding, maintenance, and compliance services enable clients to streamline processes, safeguard customer data against fraud and identity theft, and concentrate on enhancing end-investor experiences and growing assets. By integrating technology, infrastructure, and investment operations into one sophisticated platform, FNZ helps financial institutions worldwide elevate their digital capabilities, from customer onboarding and activation to KYC and AML compliance, regulatory audits, and client management through its "FNZ Onboarding and Compliance-as-a-Service" solution. Authenteq stands as the first fully automated identity verification platform in the world. Utilizing AI-driven eKYC® technology, Authenteq allows businesses and service providers to onboard users within a mere 35 seconds through a verification process that requires just one government-issued ID and a selfie, which includes concurrent liveness checks and facial recognition. Authenteq can authenticate over 9,813 types of government-issued IDs from almost 250 countries and territories, available in 138 languages and dialects, in under a minute. Adhering to the core principles of Privacy by Design, and being both GDPR compliant and ISO 27001 certified, Authenteq delivers a secure and scalable identity verification solution.

Industries: Blockchain, Crypto, Finance, Fintech, Insurance, Banking, Wealth Management, Machine Learning

Founded: 2015

Last Investment: €650.00KVenture Round - Authenteq investment at 18 June 2021

Last Investment Investors: 3VC, Draper Associates

Learn more about FNZ - https://fnz.com/ and FNZ Onboarding & Compliance-as-a-Service fully digital solution - https://onboarding.fnz.com/.