What Sis ID does

Sis ID is a French fintech company that provides a real-time payment fraud prevention platform targeting enterprise finance, risk/compliance, and security functions. Its core technology validates beneficiary bank account details against a proprietary database of 3,800+ data entry points globally, addressing wire transfer fraud (Authorized Push Payment fraud), false supplier scams, and CEO fraud. The platform combines a unique monetary loss insurance guarantee per transfer with certified PDF audit trail exports in four languages (French, English, Spanish, Italian) and ANSSI-compliant identity certification processes.

The product portfolio consists of three offerings: My Sis ID, a web-based anti-fraud application for end-users; Sis Inside, a set of 100% customizable APIs for embedding verification into ERP, TMS, and accounting systems; and VoP Suite, a turnkey Verification of Payee solution aligned with European Confirmation of Payee (CoP) regulatory schemes. Sis ID operates a sales-led, enterprise-focused go-to-market with quote-based annual SaaS subscriptions and serves 25+ named enterprise customers including BNP Paribas, Veolia, Bouygues group entities, VINCI Construction France, Canal+, and Unibail-Rodamco-Westfield across construction, real estate, banking, utilities, telecoms, and luxury sectors.

In June 2025, Sis ID was acquired by Australian payment fraud prevention leader Eftsure, forming what is positioned as the world's largest payment protection platform with combined coverage across France, Europe, Australia, New Zealand, the US, China, and India. The company is headquartered in Lyon, France, operates as a SAS (Société par Actions Simplifiée) under the legal name SIS, and employs 51-100 people. Sis ID has raised approximately $6.1M in funding from Aonia Ventures, Bpifrance, and Opera Tech Ventures.

Name

Sis ID

Legal name

SIS

Website

https://sis-id.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Sis ID is a French fintech providing real-time payment fraud prevention and beneficiary verification platform for enterprise finance teams, serving 70,000+ users across 25+ named enterprise clients including BNP Paribas, Veolia, and Bouygues group, now operating as an Eftsure company following its June 2025 acquisition.

Ownership category

akta.pro rank

Product category

Payment Fraud Prevention Software

akta.pro primary industry

Wire/RTP Directory, Alias & Recipient Validation Services (FSAMAHAK)

akta.pro secondary industry

Identity Verification (IDV) & Document Verification (FSAMALAE)

Keywords

• Payment fraud prevention
• Beneficiary verification
• Wire transfer security
• Verification of payee
• Anti-fraud platform

Headquarters

HQ city

Lyon

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription Platform Access: Sis ID operates on a SaaS subscription model providing access to My Sis ID web platform, with tiered plans based on usage volume and verification needs. The platform is offered as a web application (My Sis ID) requiring subscription.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Sis ID provides an anti-fraud payment verification platform that validates beneficiary bank account details in real time before wire transfers are executed. The platform combines a web application (My Sis ID), embeddable APIs (Sis Inside), and a Verification of Payee (VoP) solution to cross-reference payment data against more than 3,800 data entry points globally. It is used by enterprise finance, risk/compliance, and security teams to prevent authorized push payment fraud, false supplier scams, and CEO fraud, while producing a certified audit trail.

Product overview

Sis ID offers a unified fraud prevention platform for wire transfer security. The core portfolio consists of three main products: My Sis ID (the web-based anti-fraud application for end-users), Sis Inside (APIs for embedding verification capabilities into business applications), and VoP Suite (a Verification of Payee solution). The platform provides five core capabilities: pre-payment verification using 3,800+ data entry points, third-party beneficiary database auditing, certified audit trails with PDF certificates in four languages, insurance guarantee for payment protection, and outsourced identity certification with ANSSI-compliant verification processes. The platform targets multiple business functions including Finance, Risk & Compliance, Security & Information Management, Purchasing, Human Resources, and Banking sectors.

Differentiator

Problem solved

Functional benefit

Brands

• My Sis ID: Web-based anti-fraud application for securing payments and simplifying traceability of operations.
• Sis Inside
• VoP Suite

Products and services

• My Sis ID Web-based anti-fraud application that provides a turnkey solution for securing payments and simplifying traceability of operations through an intuitive interface for enterprise finance teams.
• Sis Inside 100% customizable API connectors enabling programmatic integration of Sis ID verification capabilities into enterprise business applications such as ERP, TMS, and accounting systems.
• VoP Suite Reference Verification of Payee (VoP) solution that verifies beneficiary identity and bank details before payment execution, compliant with European Confirmation of Payee (CoP) schemes.

Quantifiable outcome

• 200% faster verification for Aldes (from several days to 2 hours)
• +4 more outcomes

Named customers26 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• EftsureflagshipStrategic or Co-development Partner · 26 June 2025Eftsure, a leader in payment fraud prevention, merged with France-based Sis ID to form the world's largest payment protection platform. The merger enables combined coverage across major markets including Australia, New Zealand, US, Europe, China, and India. Sis ID now operates as an Eftsure company, expanding global verification capabilities.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Eftsure: Eftsure is an Australian payment-fraud-prevention platform providing real-time supplier bank-account verification and Confirmation of Payee services. It is now Sis ID's parent following the June 2025 acquisition and is the most direct functional peer — both built around third-party data verification for wire-transfer fraud prevention.
• Trustfull: Trustfull is an Italy-focused fintech offering AI-based company verification and credit/risk scoring for B2B transactions. It addresses adjacent fraud-prevention use cases in the supplier/beneficiary verification space Sis ID targets, particularly for Italian corporates — directly relevant given Sis ID's multi-language coverage including Italian.
• OuiTrust: OuiTrust is a French VoP/Confirmation of Payee service targeting European corporates. It directly overlaps with Sis ID's VoP Suite offering and competes for the same French enterprise accounts payable and treasury buyers.

Emerging players

• ComplyAdvantage: ComplyAdvantage offers AML, KYC, and transaction-monitoring tools built on proprietary risk data. It addresses adjacent compliance and third-party-risk use cases targeted by Sis ID's Risk & Compliance buyer segment, particularly for fintechs and regulated corporates.
• Jumio: Jumio is an identity-verification and KYC platform that overlaps with Sis ID's identity-certification and counter-calling services. While focused on onboarding/document verification rather than ongoing wire-transfer beneficiary checks, it competes for part of the same compliance-tech budget at enterprise customers.

Broad incumbents

• NICE Actimize: NICE Actimize is a leading enterprise financial-crime, AML, and fraud-prevention platform serving large banks and financial institutions globally. Its fraud-management suite overlaps with Sis ID's wire-fraud-prevention capabilities, particularly for tier-1 bank customers.
• Featurespace: Featurespace provides adaptive behavioral analytics for fraud and financial crime detection, used by major banks and payment processors. It competes in the broader payment-fraud-detection category where Sis ID operates, though typically at larger bank scale rather than corporate AP.
• Bottomline Technologies: Bottomline is an established US-headquartered provider of payment-fraud prevention, payments automation, and business-to-business payments solutions. It competes broadly in the same payment-security category as Sis ID with a wider product portfolio spanning larger enterprise and bank customers.
• Feedzai: Feedzai is a global financial-crime and fraud-detection platform using AI for transaction monitoring, AML, and scam prevention across banks and large enterprises. It addresses a broader financial-crime scope than Sis ID but overlaps in wire-transfer fraud and beneficiary verification use cases.
• LexisNexis Risk Solutions: LexisNexis Risk Solutions provides large-scale identity verification, fraud-detection, and compliance data infrastructure globally. It supplies underlying data and identity-proofing capabilities that overlap with Sis ID's beneficiary-verification stack and is increasingly offering end-to-end fraud-prevention products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/channel/UCTc9Tmk5b0vlkW5WuQguQZg
• LinkedInlinkedin.com/company/sis-id/mycompany
• Xx.com/SisID_fintech

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors4 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 Sis ID