Sumsub

Sumsub is a global identity verification and compliance platform that provides full-cycle verification solutions to secure the entire user journey. Founded in 2015, the company started as a tool for detecting manipulated graphics and quickly evolved into a comprehensive KYC solution, now serving as a verification platform for businesses worldwide. The company specializes in identity verification, anti-money laundering (AML), and know your customer (KYC) services through an all-in-one platform designed to fight digital fraud and help businesses stay compliant.

The platform offers customizable solutions including user verification, business verification (KYB), transaction monitoring, and fraud prevention powered by artificial intelligence and machine learning. Supporting 14,000+ document types in 50+ languages, Sumsub enables seamless global onboarding across 220+ countries and territories. The company has over 2,000 clients across fintech, crypto, transportation, trading, e-commerce and gaming industries including Binance, Wirex, Avis, Bybit, Huobi, Unlimit, Flutter, Kaizen Gaming, and TransferGo.

Headquartered in London, Sumsub has raised $36.7 million in funding. The company has demonstrated strong performance metrics, with conversion rates of 91.64% in the US, 95.86% in the UK, and 90.98% in Brazil, while verifying users in less than 50 seconds on average. Sumsub has established an active presence in Latin America, including Mexico, where it partners with companies like Clara to support client relationships in Mexico, Brazil and Colombia, helping businesses reduce operational costs, stay compliant with evolving regulations and expand globally. The platform has also implemented specific features for the Mexican market, including the ability to validate Mexican user data through the RENAPO database by screening CURP numbers.