Sumsub
Sumsub is a full-cycle AI-native identity verification and fraud prevention platform founded in 2015, serving 4,000+ clients across fintech, crypto, iGaming, and marketplaces with KYC, KYB, AML, and Travel Rule compliance across 220+ countries.
- Company typePrivate
- Founded2015
- HeadquartersLimassol, Cyprus
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What Sumsub does
Sumsub is a full-cycle identity verification and fraud prevention platform founded in 2015 by brothers Andrew, Jacob, and Peter Sever alongside Vyacheslav Zholudev, headquartered in London with primary operations in Cyprus and approximately 1,000 employees across eight offices in 70 countries. The company serves more than 4,000 clients spanning fintech, payments, neobanks, cryptocurrency exchanges, iGaming operators, trading platforms, mobility providers, and marketplaces, processing 12M+ verifications per month against 14,000+ document types from 220+ countries and screening against 50,000+ AML data sources. Its platform covers the entire customer journey from onboarding to ongoing monitoring, with core modules including User Verification (KYC), Business Verification (KYB), AML Transaction Monitoring, Fraud Prevention, and Travel Rule compliance for virtual assets.
The product architecture is built on proprietary AI/ML capabilities including an Adaptive Deepfake Detector with continuous self-learning, an iBeta Level 1 / ISO 30107-3 certified liveness engine, a Know Your Agent framework binding AI agents to verified human identities, an LLM-based Summy AI Copilot for compliance officers, and Model Context Protocol integration enabling AI agents to configure verification and compliance settings directly from regulatory documents. The platform meets SOC 2 Type II, ISO 27001, PCI DSS, GDPR, CCPA, and FedRAMP-ready certifications, and was recognized as a Leader in Gartner Magic Quadrant 2025, Forrester Wave Q3 2025, KuppingerCole Leadership Compass 2025, and Chartis RiskTech Quadrant for three consecutive years.
Sumsub operates a hybrid usage-based and subscription revenue model: a Basic tier at $1.35/verification with a $149 monthly minimum, a Compliance tier at $1.85/verification with a $299 monthly minimum, and custom enterprise contracts on multi-year terms. Distribution is API-first via Web SDK, Mobile SDK (iOS, Android, Flutter, Cordova, React Native), and Unilink no-code integration, complemented by co-sell partnerships with ComplyAdvantage, Chainlink, Fireblocks, Auth0, and Fingerprint. The company reported a €162 million revenue run rate as of late 2025 — having doubled revenue in 2024 — and joined the World Economic Forum Unicorn Community in 2026 as a privately held company valued above $1 billion.
Sumsub firmographics
Firmographics- Name
- Sumsub
- Legal name
- Sum and Substance Ltd
- Website
- https://sumsub.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Sumsub is a full-cycle AI-native identity verification and fraud prevention platform founded in 2015, serving 4,000+ clients across fintech, crypto, iGaming, and marketplaces with KYC, KYB, AML, and Travel Rule compliance across 220+ countries.
- Ownership category
- akta.pro rank
Sumsub industry classification
Industry- Product category
- Identity Verification
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI)
- akta.pro secondary industries
- KYC/KYB, Identity Verification & Customer Due Diligence (FSAFAOAE), KYC/KYB Identity Verification & Onboarding (FSADALAA), AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC), Decentralized Identity & Verifiable Credentials for Finance (DID/KYC Reuse) (FSAGAMAE)
Keywords
Where Sumsub is headquartered
LocationHeadquarters
- HQ city
- Limassol
- HQ country
- Cyprus
- HQ region
- Europe
Offices7 records
Markets served
Sumsub business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- User Verification (Per Verification): Usage-based pricing per verification transaction. Customers are charged only for successful verifications. Minimum monthly commitments required for Basic and Compliance tiers.
- Enterprise Platform Licensing: Custom pricing for enterprise clients requiring full platform access including KYC, KYB, AML monitoring, Travel Rule, and advanced fraud prevention capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Basic - Non-regulated businesses |
| Usage-based | Monthly | Compliance - Regulated businesses |
| Subscription | Multi-year contract | Enterprise - Full platform access |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels8 records
Sumsub product offering
Product offeringCore offering
Sumsub provides an AI-powered, full-cycle identity verification platform covering KYC, KYB, AML screening, transaction monitoring, fraud prevention, and Travel Rule compliance. The platform verifies 14,000+ document types from 220+ countries with adaptive deepfake detection, behavioral analytics, and Reusable KYC credentials, delivered via REST API, Web/Mobile SDKs, and no-code Unilink integration. It targets regulated industries including fintech, crypto, iGaming, trading, payments, mobility, and marketplaces, serving 4,000+ client companies globally.
Product overview
Sumsub is a full-cycle verification platform providing a unified platform-plus-modules architecture for identity verification, fraud prevention, and compliance orchestration. The core product family comprises User Verification (KYC) for individual identity checks across 14,000+ document types from 220+ countries, Business Verification (KYB) for corporate entity and UBO verification, AML Transaction Monitoring for ongoing compliance surveillance, Fraud Prevention for multi-type fraud detection including deepfakes and synthetic identity, and Travel Rule for crypto regulatory compliance. These core offerings are augmented by specialized modules including Device Intelligence (device fingerprinting), AML Screening (AI-powered sanctions/watchlist monitoring), Summy AI Copilot (LLM-powered compliance assistant), Liveness & Deepfake Detection (adaptive biometric security), Non-Doc Verification (document-free identity via government databases), Email & Phone Verification (pre-KYC fraud screening), Case Management (centralized compliance investigation), Workflow Orchestration (no-code verification flow builder), Risk Scoring (dynamic AI-driven risk assessment), Reusable KYC (cross-platform credential), Video Identification (human-overseen verification), Crypto Monitoring (specialized blockchain compliance), Address Verification (proof of address), Questionnaires (dynamic AML/KYB forms), Fraud Networks (coordinated attack detection), and Know Your Agent (AI agent binding). The platform serves financial services, payments, neobanks, BNPL/lending, trading, crypto, iGaming, mobility, and marketplace industries with a single integrated system reducing manual effort by up to 94% and delivering 240% ROI according to Forrester consulting.
Differentiator
Problem solved
Functional benefit
Products and services
- User Verification (KYC)
Quantifiable outcome
- 240% ROI with payback in under 6 months
- +9 more outcomes
Companies that use Sumsub
Customer profileNamed customers17 records
Segments7 records
Ideal customer profiles5 records
Sumsub technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability12 records
Feature12 records
Sumsub partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered major and core.
- EvenBet GamingmajorEvenBet Gaming integrated Sumsub's KYC API in Q1 2026, processing over 500,000 monthly verifications at 99.9% success rate for iGaming operators.
- MonavatemajorPayments provider Monavate reduced onboarding times from 3 days to 45 minutes using Sumsub's KYC API integration.
- ReapmajorPartnership to automate KYC and compliance for Reap's stablecoin-native cards and cross-border payments infrastructure. Leverages Sumsub's Reusable KYC capability supporting verification of 14,000+ identity documents from 220 countries.
- iMindmajorPartnership providing fraud prevention and AML/CFT compliance tools for South Korea's payments sector. Combines iMind's local regulatory expertise with Sumsub's AI-powered verification to address rising fraud risks.
- Auth0majorIntegration enabling businesses to embed identity verification, AML screening, and fraud controls directly into user authentication and access management workflows via Auth0 Marketplace.
- ChainlinkcorePartnership to integrate privacy-preserving KYC credentials into on-chain compliance workflows across Ethereum, Arbitrum, Avalanche, Polygon, and Base. Users receive reusable Cross-Chain Identity (CCID) credentials linked across multiple wallets without exposing personal data on-chain.
- MEXCmajorIntegration of Sumsub's AI-powered verification tools including biometrics, liveness detection, and real-time risk analysis across MEXC's crypto exchange platform to strengthen compliance and combat AI-driven identity fraud.
- CrypFinemajorPartnership to enhance CrypFine's KYC, identity verification, anti-fraud measures, and compliance risk control capabilities for global cryptocurrency exchange operations.
- Go Digital Philippines (GDP)coreStrategic partnership formalized with MoU signing at Sumsub Digital Trust and AI Governance Forum in Manila. Aims to strengthen Philippines' digital economy through AI governance and digital identity solutions, supporting ASEAN 2026 Chairship.
- FingerprintcoreDevice Intelligence powered by Fingerprint's technology for creating unique browser and device fingerprints to detect risky setups like virtual machines, incognito mode, or cloned apps.
- Financial Technology Association (FTA)coreJoined FTA as new member to represent digitally native fintech firms across payments, lending, banking, investing, and financial infrastructure, advocating for modern regulatory frameworks.
- ApprovelymajorPartnership integrating automated KYC and AML screening into unified onboarding and payments platform for regulated gaming markets, combining Sumsub's international compliance coverage with Approvely's US gaming sector presence.
- ApprovelymajorEmbedding identity verification into Approvely's payments ecosystem serving gambling merchants in North America, enabling scalable onboarding across regulated markets.
- ApprovelymajorEmbedding Sumsub's automated KYC and AML screening into Approvely's onboarding and payments stack for regulated gaming markets in North America. Covers 220+ countries addressing synthetic identity fraud, multi-accounting, and bonus abuse.
- ComplyAdvantagecoreStrategic partnership integrating ComplyAdvantage's AI-native Mesh intelligence layer into Sumsub's verification and monitoring suite for enhanced AML screening. Delivers 95% automation of KYC/AML reviews, 70% fewer false positives, and 50% faster customer onboarding. Sanctions updates processed in under one minute.
- QIE PassmajorDecentralized identity system using Sumsub for KYC verification, offering partner exchanges verification at approximately $0.50 per user. Aims to reduce KYC costs by up to 50% with reusable credentials.
- BlueSPACE, INETCOmajorLaunch of TrustNET, an AI-driven platform for secure, compliant digital banking in West Africa. Integrates identity verification, fraud prevention, and infrastructure resilience.
- Financial Data and Technology Association (FDATA)coreJoined FDATA to advance secure and consumer-centric open finance in North America through participation in working groups focused on US policy, Canada, and write-access standards.
- NoahmajorPartnership delivering compliance and verification engine for AML and KYC processes in the financial sector.
- FireblockscoreIntegration for Travel Rule compliance in virtual asset transactions, enabling seamless adherence to the FATF Travel Rule for digital asset transfers and supporting evolving regulatory standards.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Sumsub competitors and assessment
Company assessmentDirect peers
- Jumio: Jumio is a direct KYC and identity verification competitor serving banks, fintechs, crypto, and online platforms with AI-powered document and biometric verification, very similar in product scope and target customers to Sumsub.
- Onfido (Entrust): Onfido, now part of Entrust, offers AI-based identity verification, KYC onboarding, and fraud detection aimed at regulated industries including fintech and crypto. It is one of the closest direct competitors to Sumsub's User Verification and Liveness stack.
- Persona: Persona provides a configurable identity verification platform with KYC, KYB, AML screening, and fraud signals, targeting fintech, crypto, and marketplaces. It overlaps with Sumsub's full-cycle verification and orchestration approach.
- Veriff: Veriff offers AI-powered identity verification, KYC, and age estimation used by fintechs, mobility, and online platforms. It competes with Sumsub in document verification and biometric liveness detection.
- Trulioo: Trulioo provides global identity verification, business verification (KYB), and AML screening across 195+ countries, comparable in cross-border coverage and regulated-industry focus to Sumsub's 220+ country footprint.
- iDenfy: iDenfy offers KYC, AML, KYB, and biometric verification with liveness detection, serving fintechs, crypto, and iGaming operators with a similar mid-market and enterprise mix as Sumsub.
- Alloy: Alloy is an identity orchestration platform for banks and fintechs that aggregates KYC, AML, KYB, and fraud vendors into a single API. It overlaps with Sumsub's Workflow Orchestration and Fraud Networks capabilities.
- GBG (GBG Group): GBG provides identity verification, KYC, AML, and fraud prevention for financial services, gaming, and regulated enterprises globally. Its identity data and verification suite is directly comparable to Sumsub's core offering.
Broad incumbents
- ComplyAdvantage: ComplyAdvantage is a large AML and sanctions screening platform with a 'Mesh' intelligence layer now integrated into Sumsub. It competes in adjacent AML and transaction monitoring segments and serves many of the same regulated financial customers.
- LexisNexis Risk Solutions: LexisNexis Risk Solutions is a broad incumbent providing identity verification, fraud analytics, KYC, and AML data to banks, insurers, and government agencies. It overlaps with Sumsub in AML screening, fraud prevention, and risk scoring, though it operates across a much wider compliance portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Sumsub social profiles
Digital presenceSumsub compliance and trust
Trust signalCompliance7 records
Sumsub financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sumsub leadership team
Management profileNumber of profiles
Profiles9 records
Sumsub funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sumsub M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sumsub
What does Sumsub do?
Sumsub provides an AI-powered, full-cycle identity verification platform covering KYC, KYB, AML screening, transaction monitoring, fraud prevention, and Travel Rule compliance. The platform verifies 14,000+ document types from 220+ countries with adaptive deepfake detection, behavioral analytics, and Reusable KYC credentials, delivered via REST API, Web/Mobile SDKs, and no-code Unilink integration. It targets regulated industries including fintech, crypto, iGaming, trading, payments, mobility, and marketplaces, serving 4,000+ client companies globally.
Is Sumsub a public or private company?
Sumsub is a private company. It is classified as venture growth investor backed and is currently operating.
When was Sumsub founded?
Sumsub was founded in 2015. It employs 501 to 1,000 people.
Where is Sumsub based?
Sumsub is headquartered in Limassol, Cyprus, in the Europe region.
How does Sumsub make money?
Two revenue lines are on record. User Verification (Per Verification) is the primary driver. The others are enterprise Platform Licensing.
Who are Sumsub's main competitors?
Direct peers on record are Jumio, Onfido (Entrust), Persona, Veriff, Trulioo, iDenfy, Alloy and GBG (GBG Group). Broad incumbents are ComplyAdvantage and LexisNexis Risk Solutions.
Does Sumsub have an API?
Yes. Sumsub offers a public RESTful API for identity verification, KYC/KYB, AML screening, and transaction monitoring. SDKs are available for Web (JavaScript/React), Mobile (iOS, Android, Flutter, Cordova, React Native). Integration methods include REST API, Web SDK, Mobile SDK, and Unilink (QR code/link-based onboarding without code). MCP (Model Context Protocol) server integration is available, published on GitHub as open-source agent skills. The API is model-agnostic and accessible to AI agents including Claude and ChatGPT. Developer documentation is at docs.sumsub.com.
What industry is Sumsub in?
Sumsub's product category is Identity Verification. Its primary akta.pro industry code is BPAMAFAI, Fraud, Risk, KYC/AML & Compliance Platforms, with a secondary code of FSAFAOAE, KYC/KYB, Identity Verification & Customer Due Diligence. Its NAICS code is 52232 and its SIC code is 6200.