FacePhi

Name

FacePhi

Legal name

FACEPHI BIOMETRÍA S.A.

Website

https://facephi.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Biometric Identity Verification

akta.pro primary industry

Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA)

akta.pro secondary industries

Facial Recognition & Biometrics (HDAAAEAC), Fake Account & Synthetic Identity Detection (HDADALAD), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Decentralized Identity (DID) & Identity Wallets (DID methods, DIDComm, identity agents) (FSAPACAG)

Keywords

• Biometric identity verification
• Digital onboarding
• Multi-factor authentication
• Fraud prevention
• KYC compliance

Headquarters

HQ city

Alicante

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Digital Identity Verification SaaS: Subscription and usage-based revenue from identity verification, authentication, and fraud prevention platforms deployed to financial institutions and regulated industries
2. Enterprise Platform Licensing: Multi-year enterprise contracts with financial institutions including 5-year banking contracts for behavioral biometrics and mule account detection

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

FacePhi develops and sells an AI-driven digital identity verification and fraud prevention platform for financial institutions and regulated industries. Its portfolio includes Facephi Onboarding (KYC with facial recognition, passive liveness, and OCR for 20,000+ documents), Facephi Authentication (passwordless multi-biometric authentication), the Facephi Identity Platform (orchestration layer), Behavioral Biometrics, Mule Account Detection, Teseo Identity Wallet, and Advanced Injection Defense against deepfakes and presentation attacks.

Product overview

FacePhi offers a comprehensive AI-driven digital identity verification and fraud prevention platform. The portfolio consists of six core products: Facephi Onboarding (remote identity verification with document OCR and biometric capture), Facephi Authentication (multi-biometric authentication without passwords), Facephi Identity Platform (orchestration layer unifying all verification processes), Behavioral Biometrics (fraud detection through behavioral signals), Mule Account Detection (identifies and classifies mule accounts to prevent money laundering), and Teseo Identity Wallet (digital identity credentials). The platform supports cross-industry deployment across Banking, Fintech, Crypto, Insurance, Gaming & Gambling, Aviation, Hospitality, Government, Telcos, and Health sectors. Solutions include User Verification (KYC), Multi-Factor Authentication (MFA), Passenger Verification (KYP), and Anti-Fraud Solutions with Advanced Injection Defense. The company provides end-to-end identity protection organized into three security levels: preventing identity impersonation, blocking unauthorized fraud, and detecting authorized fraud using mule accounts.

Differentiator

Problem solved

Functional benefit

Brands

• Facephi Authentication: Multibiometric authentication solution for passwordless user authentication
• Facephi Onboarding
• Facephi IDV / Identity Platform
• Behavioural Biometrics
• Teseo Identity Wallet
• Detección de Cuentas Mula

Products and services

• Facephi Onboarding Digital identity verification solution for remote user registration and KYC compliance. Features automatic OCR document capture, facial biometric verification with passive liveness detection, video onboarding options, and connection to government databases and exclusion lists. Processes verification in under 10 seconds with conversion rates exceeding 89%, targeting banks, fintechs, and regulated industries.
• Facephi Authentication Multi-biometric authentication platform enabling passwordless user access. Supports facial, voice, and fingerprint biometrics with passive liveness detection. Authenticates users in under 1 second with hit rates exceeding 99.98%, providing continuous adaptive trust across digital and physical environments. Targets Strong Customer Authentication (SCA) compliance for financial institutions and digital platforms.
• Facephi Identity Platform (Facephi IDV) Modular orchestration platform combining all identity verification and authentication capabilities into a single interface. Enables designing custom verification flows, configuring rules, managing analytics dashboards, and integrating via APIs and SDKs. Ensures security and regulatory compliance across all touchpoints for enterprise customers.
• Behavioral Biometrics Fraud prevention module analyzing behavioral signals and device interaction patterns to detect anomalous user behavior indicative of account compromise, automated fraud, or synthetic identities. Uses AI-driven risk scoring combined with continuous monitoring to prevent unauthorized access, targeting financial institutions and digital platforms.
• Mule Account Detection Specialized solution for identifying and classifying mule accounts used in financial fraud and money laundering. Features real-time transaction analysis, fraudulent network linking, early warning alerts, and mitigation measures. Protects customers throughout their digital lifecycle against organized fraud networks, targeting banks and financial institutions.
• Teseo Identity Wallet Digital identity wallet enabling verified, secure, and fraud-free digital identities. Allows users to manage and share identity credentials while maintaining privacy through pseudonymous processes. Supports decentralized identity verification compatible with blockchain services, targeting enterprises needing reusable verified identities.
• Advanced Injection Defense Specialized defense against injection attacks in digital identity verification. Protects against video injection, presentation attacks, and other automated bypass methods. Defends verification systems from being compromised by malicious software or pre-recorded content, targeting banks and high-security identity verification deployments.
• Anti-Fraud Solutions Comprehensive fraud detection and prevention platform covering deepfakes, presentation attacks, injection attacks, synthetic identities, and organized fraud networks. Uses AI-powered multi-biometric systems with real-time monitoring, risk scoring, and configurable alert rules, targeting financial institutions and online platforms exposed to digital fraud.
• Passenger Verification (KYP) Passenger identity validation solution for the aviation sector. Validates traveler identity from ticket purchase to boarding, improving travel experience and preventing fraud at every touchpoint. Supports IATA One ID and verifiable credentials standards, targeting airlines and airport operators.

Quantifiable outcome

• 80% reduction in commission payment fraud
• +6 more outcomes

Named customers23 records

Segments11 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature6 records

Partnerships

Six partnerships are on record, tiered supporting, core and strategic.

• MENA Fintech Association (MFTA)supportingGTM or Marketing Partner · 22 April 2026FacePhi welcomed as a scaleup member to contribute to MFTA ecosystem initiatives focused on digital identity, cybersecurity, fraud prevention, and secure financial infrastructure across MENA region.
• Huenei IT ServicescoreChannel Partner/ Reseller/ Distributor · 5 March 2026Strategic alliance combining FacePhi biometric verification technology with Huenei's 30 years of AI-driven software development. Targets banking, insurance, retail, healthcare, and logistics sectors in LATAM and US markets. Aims to accelerate time-to-market for secure onboarding and behavioral biometrics solutions.
• EastnetsstrategicTechnology or Integration · 30 September 2025Strategic partnership creating end-to-end anti-fraud defense ecosystem for banks and financial institutions worldwide. Combines Eastnets AML, sanctions screening, and transaction monitoring with FacePhi's multichannel biometric technology. Targets the $3.1 trillion in illicit funds flowing through financial systems.
• Digital ID and Authentication Council of Canada (DIACC)supportingTechnology or Integration · 1 December 2024Partnership for Canadian market entry in December 2024, enabling FacePhi's expansion into Canada through DIACC's digital identity ecosystem. Followed by establishment of Canadian subsidiary in British Columbia.
• HancomcoreStrategic or Co-development Partner · 25 March 2024Strategic investment and acquisition of exclusive business rights to FacePhi in APAC region. Hancom integrating FacePhi biometric technology with Hancom's AI and security solutions. Hancom acquired 7% stake in FacePhi with 3-year APAC licensing agreement.
• CyberlinkssupportingChannel Partner/ Reseller/ DistributorTokyo-listed Japanese cloud services provider adopting HancomAUTH solution (powered by FacePhi technology) for identity verification and eKYC processes. First overseas deal for Hancom leveraging FacePhi technology in Japanese market.

Scale indicators9 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Onfido: AI-based digital identity verification provider with facial biometrics, document OCR, and liveness detection, serving banks, fintechs, and crypto platforms — directly comparable to FacePhi's Onboarding and Authentication products.
• Jumio: End-to-end identity verification, KYC, and AML platform used by financial institutions, fintechs, and crypto exchanges. Closely matches FacePhi's enterprise GTM into banking, fintech, and crypto with biometric-first onboarding.
• Veriff: Identity verification platform combining document authentication, facial biometrics with liveness, and fraud signals, primarily serving financial services, mobility, and online communities — directly overlapping FacePhi's core product surface.
• iProov: Specialist in facial biometric authentication and liveness detection for governments, banks, and travel — closely aligned with FacePhi's passive liveness, injection defense, and KYC offerings.
• Incode: AI-driven identity verification and biometric authentication for banking, fintech, and gaming; competing head-to-head in the same regulatory and enterprise segments FacePhi targets.
• Sumsub: All-in-one verification, KYC/KYB, AML, and fraud prevention platform with biometrics, liveness, and behavioral signals, used by fintechs, crypto, and iGaming — directly comparable on product breadth and verticals.
• Persona: Configurable identity verification platform with biometric, document, and database checks, serving fintechs, marketplaces, and crypto — overlapping FacePhi's modular orchestration and KYC use cases.
• Mitek Systems: Mobile identity verification (document capture + biometrics) and digital identity fraud prevention for banks and fintechs — directly comparable to FacePhi Onboarding and anti-fraud modules.

Broad incumbents

• IDEMIA: Global leader in biometric identity, secure credentials, and public-security solutions, with deep banking and government relationships. A broad incumbent rather than a point IDV vendor, but competes on enterprise biometrics and KYC.

Emerging players

• Ondato: European KYC/AML and biometric identity verification SaaS, with particular strength in EU-regulated banking and fintech — overlapping FacePhi's EMEA base and product mix.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/facephi-biometr-a
• Xx.com/Facephi
• Facebookfacebook.com/FacePhi

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds7 records

Investors6 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 FacePhi