FrankieOne

What FrankieOne does

FrankieOne (legal entity Frankie Financial Pty Ltd) is an Australian-headquartered RegTech company founded in 2017 that operates an API-first identity verification, KYC, KYB, AML compliance, and fraud prevention platform. Its core product is a single orchestration API connecting to 350+ global data sources and identity verification vendors (Incode, Onfido, Daon, IDVerse, Sumsub, Truuth), enabling financial institutions, fintechs, cryptocurrency platforms, and other regulated entities to run risk-based customer onboarding and ongoing compliance across 180+ jurisdictions. Core offerings include KYC, KYB, Fraud and Transaction Monitoring, an operations Portal, and the modular OneSDK (Hosted, Embedded, and Native integration modes), with supporting features such as customizable decision engines, dynamic risk-based workflows, computer vision-based document OCR, biometric verification, and an AI-powered Issue Summary tool for failed case analysis.

The platform is certified to ISO 27001:2022 and SOC 2 Type 2, GDPR-compliant, and PCI-DSS-aligned via third-party processors, making it suitable for regulated Tier 1 customers such as Westpac, Binance, Afterpay, Spotify, Cointree, and Employment Hero. FrankieOne generates revenue through API-based subscriptions and per-verification consumption typical of B2B SaaS, distributed via direct enterprise field sales targeting Tier 1 banks and crypto exchanges alongside a developer-led self-service channel for mid-market. The company has raised approximately $32 million cumulatively across a 2020 seed round, a 2021 Series A, and a 2022 Series A+ led by Greycroft and AirTree Ventures with strategic participation from Binance Labs and Kraken Ventures. Recent strategic activity (2025-2026) shows active expansion via partnerships with Gemini, MATTR, FAAA, and The Access Group, positioning the company for Australia's Tranche 2 AML/CTF reforms effective July 2026 and continued geographic build-out across North America, APAC, and Europe.

Name

FrankieOne

Legal name

Frankie Financial Pty Ltd

Website

https://frankieone.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

FrankieOne is an Australian API-first platform that orchestrates identity verification, KYC, KYB, AML screening, and fraud prevention across 350+ data sources for banks, fintechs, and cryptocurrency platforms in 180+ jurisdictions.

Ownership category

akta.pro rank

Product category

Identity Verification and Compliance Software

NAICS

Credit Bureaus (561450)

SIC

Services-Detective, Guard & Armored Car Services (7381), Finance Services (6199)

akta.pro primary industry

Customer Identity (KYC/CDD/EDD) & Onboarding (FSAMAMAA)

akta.pro secondary industries

Risk Scoring, Credit & Fraud Analytics (counterparty/wallet risk) (FSAPAJAF), Blockchain Compliance, AML & Transaction Monitoring (On-chain Analytics) (FSAGAMAF)

Keywords

• Identity verification platform
• KYC compliance software
• AML screening solutions
• Fraud prevention API
• Business verification services

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. API Platform Subscription: FrankieOne provides identity verification, KYC, KYB, AML screening, and fraud prevention services through API subscriptions. The platform charges for access to its orchestration layer connecting to 350+ data sources and vendors. Services are consumed on a per-verification or subscription basis typical of B2B SaaS platforms serving regulated industries.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

FrankieOne provides an API-first identity verification, KYC, KYB, AML, and fraud prevention platform that connects to 350+ global data sources and vendors through a single API. It enables banks, fintechs, and cryptocurrency platforms to orchestrate end-to-end customer onboarding, screen against watchlists, and dynamically adjust verification workflows based on real-time risk ratings.

Product overview

FrankieOne is a modular API platform for identity verification, KYC, KYB, AML compliance, and fraud prevention. The platform connects to 350+ global data sources through a single API, enabling organizations to verify individuals and businesses, screen against watchlists, and monitor for fraud. The core products include KYC (individual verification), KYB (business verification), Fraud and Transaction Monitoring, and the Portal (operations dashboard). OneSDK provides multiple integration methods: Hosted OneSDK (fully managed, low-code), Embedded OneSDK (custom UX), and Native Integration (mobile apps). The platform orchestrates multiple IDV vendors (Incode, Onfido, Daon, IDVerse, Sumsub, Truuth) through a unified interface with configurable risk-based workflows.

Differentiator

Problem solved

Functional benefit

Products and services

• KYC
• KYB Know Your Business (KYB) product for onboarding business customers. Validates company registration against authoritative registries, identifies directors and Ultimate Beneficial Owners (UBOs), and screens businesses against watchlists and sanctions lists.
• OneSDK Modular SDK providing multiple integration approaches for identity verification: Hosted OneSDK (low-code, fully managed), Embedded OneSDK (custom web UX), and Native Integration (iOS/Android apps via WebView). Delivers fast, secure identity verification without building UI from scratch.
• Portal Single point of truth for managing identity verification, AML, and fraud operations. Provides dashboards for tracking verification volumes, pass rates, compliance metrics, case review, and audit trail management.
• Fraud and Transaction Monitoring Fraud prevention and transaction monitoring product. Detects and prevents fraud across onboarding, transactions, and ongoing customer activity using risk signals, phone/email screening, device/behavioral biometrics, and transaction monitoring to identify money laundering patterns.

Quantifiable outcome

• Increase pass rates while reducing fraud through access to 350+ data sources

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability7 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• The Access GroupcoreStrategic or Co-development Partner · 6 May 2026The Access Group partnered with FrankieOne to enhance AML compliance capabilities of its EngageAML software ahead of Australia's tranche 2 AML/CTF reforms effective July 1, 2026. The partnership integrates FrankieOne's fraud prevention technology including sanctions screening, adverse media monitoring, and identity verification across 350+ data sources directly into EngageAML to help accounting firms meet new regulatory obligations.
• Financial Advice Association Australia (FAAA)coreStrategic or Co-development Partner · 18 December 2025FAAA launched SafeID, a client identity verification tool utilizing technology from FrankieOne, Vigilance AML, and KordaMentha. The software helps financial advisors meet AML/CTF obligations in Australia by performing online identity checks and storing verification documents securely.
• GeminicoreStrategic or Co-development Partner · 10 December 2025FrankieOne partnered with Gemini to provide compliance and onboarding infrastructure supporting secure digital asset services globally. The collaboration integrates FrankieOne's identity verification tools across 180+ jurisdictions, addressing diverse regulatory demands in Europe, APAC, and Australia while providing a unified platform for verification and compliance to ease Gemini's international expansion.
• MATTRcoreTechnology or Integration · 22 October 2025FrankieOne and MATTR partnered to embed verifiable digital credentials within FrankieOne's identity platform, enhancing customer verification processes through cryptographic proof and standards-backed digital credentials. The integration aims to improve security, privacy, and interoperability across onboarding, payments, and account servicing for enterprises in multiple sectors.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Persona: Persona offers an API-first identity verification platform with configurable workflows and a broad vendor ecosystem for KYC, KYB, and AML use cases. It is the closest direct competitor to FrankieOne in serving regulated fintechs and crypto platforms via a single orchestration layer.
• Sumsub: Sumsub is a full-stack identity verification, KYC, KYB, AML, and fraud prevention platform heavily used by crypto and fintech companies. It is also a vendor integrated within FrankieOne's OneSDK, making it both a partner and direct competitor.
• Alloy: Alloy is an identity decisioning platform that orchestrates multiple data sources, KYC vendors, and fraud signals for banks and fintechs. It directly overlaps FrankieOne's orchestration value proposition for financial institutions.
• ComplyAdvantage: ComplyAdvantage is an AI-driven AML, sanctions screening, and transaction monitoring platform used by banks and fintechs. Its KYC/CDD and ongoing monitoring capabilities overlap directly with FrankieOne's AML and transaction monitoring products.
• Onfido: Onfido is a leading AI-based identity verification provider serving banks and fintechs, and is integrated within FrankieOne's OneSDK. Its expanding Studio orchestration product competes directly with FrankieOne's orchestration layer.
• Jumio: Jumio provides AI-powered identity verification, KYC, and AML solutions for financial services, fintech, and crypto. Its end-to-end platform with global coverage and orchestration capabilities directly competes with FrankieOne.
• Trulioo: Trulioo provides global identity verification and business verification across 195+ countries through a single API, serving banks, fintechs, and crypto platforms. Its worldwide coverage and orchestration model mirror FrankieOne's approach.
• Veriff: Veriff offers identity verification and AML screening APIs for regulated industries including fintech and crypto. Its configurable decisioning and growing orchestration features compete with FrankieOne's API platform.

Emerging players

• Plaid Identity Verification: Plaid has expanded into identity and account verification for fintechs and financial institutions through Plaid Identity. While broader in scope (open banking plus identity), it competes with FrankieOne in onboarding verification for fintech customers.

Broad incumbents

• London Stock Exchange Group (Refinitiv World-Check): LSEG's World-Check and Risk Intelligence products provide KYC, sanctions, and AML data at scale to global banks and corporates. As a broad incumbent with proprietary data, it competes with FrankieOne in regulated enterprise KYC/AML workflows.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/frankie-financial

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds4 records

Investors13 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FrankieOne