Youverify
Youverify is a Lagos-based identity verification and AML compliance platform serving banks, fintechs, and payment providers across EMEA, with AI-powered KYC, KYB, transaction monitoring, and the Vyra compliance copilot delivered via APIs, SDKs, and the Cowork FRAML workspace.
- Company typePrivate
- Founded2017
- HeadquartersLagos, Nigeria
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Youverify does
Youverify is a Lagos-headquartered identity verification and AML compliance technology company founded in 2017, with a secondary regional headquarters in San Francisco. The company provides KYC, KYB, AML screening, transaction monitoring, and case management to financial institutions, fintechs, payment providers, and regulated businesses, primarily across the EMEA region with an African specialization. Its core platform, Cowork FRAML, is an integrated fraud, risk, and anti-money-laundering workspace powered by the Vyra AI compliance copilot and supporting APIs and SDKs across Web, iOS, and Android.
The platform is built on proprietary AI capabilities including computer vision models trained on millions of African ID and fraud samples for document verification, graph-based fraud network analysis for detecting mule accounts and synthetic identity rings, real-time behavioral transaction monitoring, and an agentic AI copilot for due diligence and regulatory reporting. Youverify maintains direct integrations with high-value African government and financial data sources (NIMC, NIBSS, CAC, NFIU, NUPRC) and global watchlists (OFAC, UN, INTERPOL, FBI), giving it a data access profile that international vendors cannot easily replicate.
Youverify generates revenue through API access subscriptions and platform licensing on quote-based enterprise contracts with annual billing cadence, supplemented by volume-based per-verification pricing. The go-to-market combines direct enterprise sales targeting banks and fintechs with a self-service developer portal and Cowork platform for technical adoption. The company differentiates through a rare combination of certifications — SOC 2 Type II, ISO 27001, ISO 27018, ISO/IEC 42001:2023, and accreditations from data protection authorities in Nigeria, Kenya, South Africa, and Uganda — positioning it as a regulator-ready compliance infrastructure provider for African and EMEA financial institutions.
Youverify firmographics
Firmographics- Name
- Youverify
- Legal name
- Youverify
- Website
- https://youverify.co
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Youverify is a Lagos-based identity verification and AML compliance platform serving banks, fintechs, and payment providers across EMEA, with AI-powered KYC, KYB, transaction monitoring, and the Vyra compliance copilot delivered via APIs, SDKs, and the Cowork FRAML workspace.
- Ownership category
- akta.pro rank
Youverify industry classification
Industry- Product category
- Identity Verification & Compliance Software
- NAICS
- Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA)
- akta.pro secondary industries
- Fraud Detection & Prevention (payments fraud, account takeover, scams) (FSAGAFAE), Identity, Fraud & Insurance-Specific RegTech Platforms (FSAGAGAJ)
Keywords
Where Youverify is headquartered
LocationHeadquarters
- HQ city
- Lagos
- HQ country
- Nigeria
- HQ region
- Africa
Offices2 records
Markets served
Youverify business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- API Access & Platform Subscriptions: Youverify generates revenue through API access subscriptions and platform licensing fees. Customers pay based on verification volume and feature access, with the Cowork platform serving as the primary interface for managing services. The pricing model supports both per-verification and subscription-based tiers depending on customer scale.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise platform with full AML and fraud compliance capabilities |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Youverify product offering
Product offeringCore offering
Youverify provides AI-powered identity verification, KYC, KYB, AML screening, transaction monitoring, and fraud prevention capabilities to financial institutions and fintechs through its Cowork FRAML platform and developer APIs/SDKs. The platform combines computer-vision-based document verification across 150+ countries, graph-based fraud network analysis, liveness detection, and the Vyra AI compliance copilot to automate due diligence and reduce compliance workload by over 50%.
Product overview
Youverify operates as a unified compliance platform with a platform-plus-modules architecture. The core offering is the Cowork FRAML (Fraud, Risk, and Anti-Money Laundering) Platform, which serves as the central intelligent workspace. This platform is powered by Vyra, an AI compliance copilot. The product portfolio is organized around four main solutions: Frictionless Onboarding (customer and business identity verification), Vyra AI (agentic AI copilot for compliance automation), Fraud Insights (real-time fraud detection), and Transaction Monitoring (AML transaction surveillance). Developers access these capabilities through REST APIs (Identity Verification API, Business Verification API, Transaction Monitoring API, Watchlist Screening API) and mobile SDKs (Web, iOS, Android). Additional modules include AML Screening, Risk Intelligence, and Credit Reporting. The platform integrates directly with government registries and sanctions lists to provide real-time compliance verification across 40+ markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Cowork FRAML Platform
- Frictionless Onboarding (Customer Onboarding)
- Vyra AI Copilot
- Fraud Insights
- Transaction Monitoring
- Identity Verification API
- Business Verification API
- Watchlist Screening API
Quantifiable outcome
- 50% reduction in compliance work through AI automation
- +3 more outcomes
Companies that use Youverify
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles3 records
Youverify technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability12 records
Feature9 records
Youverify partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- US OFAC (Office of Foreign Assets Control)coreYouverify integrates OFAC Specially Designated Nationals (SDN) List and Consolidated sanctions lists for real-time AML screening and compliance verification.
- US FBI (Most Wanted)coreIntegration with FBI Most Wanted database for enhanced identity verification and fraud screening capabilities.
- UN Security Council (Consolidated Sanctions)coreIntegration with UN Security Council Consolidated Sanctions list for global sanctions screening compliance.
- UK ICO (Information Commissioner's Office)coreCompliance with UK Information Commissioner's Office data protection standards and regulatory requirements.
- NIBSS (Nigerian Inter-Bank Settlement Scheme)coreIntegration with NIBSS for Nigerian BVN verification and banking system data access for identity verification services.
- NIMC (National Identity Management Commission)coreIntegration with NIMC for Nigerian National ID verification including NIN and vNIN validation services.
- CAC (Corporate Affairs Commission Nigeria)coreIntegration with CAC for business verification, company registration checks, and beneficial ownership data in Nigeria.
- INTERPOLcoreIntegration with INTERPOL Yellow Notices for international fugitive and wanted persons screening.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Youverify competitors and assessment
Company assessmentBroad incumbents
- Trulioo: Global identity verification network providing business and consumer KYB/KYC coverage across 195+ countries. Comparable in cross-border verification ambition and enterprise buyer focus.
- Jumio: Global KYC, AML and identity verification incumbent offering AI-powered document verification, liveness detection and screening at scale. Comparable in core IDV functionality but operates as a broad global platform rather than Africa-specialist.
- Onfido: Global identity verification platform providing AI-based document and biometric verification for regulated industries. Comparable product category but broader geographic footprint and enterprise focus than Youverify.
- Sumsub: All-in-one identity verification, KYC/KYB/AML and fraud-prevention platform with global coverage. Directly comparable product suite (KYC, AML, transaction monitoring, liveness) and increasingly active in emerging markets including Africa.
Direct peers
- Dojah: Nigerian identity verification and fraud-prevention API platform offering KYC, AML, liveness detection and phone/email intelligence. Overlapping product suite and customer base with Youverify, particularly among Nigerian fintechs.
- Identitypass: Africa-focused identity verification and compliance API provider covering KYC, KYB, AML and fraud prevention. Closely comparable GTM and product architecture to Youverify.
- Smile Identity: Pan-African identity verification and KYC provider offering biometric authentication, document verification, and AML screening across Nigeria, Kenya, South Africa and other African markets. Directly comparable in product scope, geography, and customer segments to Youverify.
- Prembly: Lagos-based identity verification, KYC/AML and compliance platform serving African and global fintechs with similar API-driven verification, business KYB, and sanctions screening. Competes head-to-head with Youverify on Nigerian enterprise deals.
Regional players
- VerifyMe Nigeria: Nigerian background-check and identity verification provider serving banks, fintechs and employers. Comparable in KYC and address verification but with a more localized, less platform-centric offering than Youverify.
Emerging players
- Mono: Nigeria-headquartered open finance and digital identity infrastructure provider enabling financial data access, identity, and income verification for African fintechs. Adjacent competitor in Nigeria-specific KYC and account verification flows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks1 record
Key highlights7 records
Customer concentration
Youverify social profiles
Digital presenceYouverify compliance and trust
Trust signalCompliance8 records
Youverify financial estimates
Financial estimateRevenue estimate
Valuation estimate
Youverify leadership team
Management profileNumber of profiles
Profiles3 records
Youverify funding detail
Funding detailFunding overview
Funding rounds4 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Youverify 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 Youverify
What does Youverify do?
Youverify provides AI-powered identity verification, KYC, KYB, AML screening, transaction monitoring, and fraud prevention capabilities to financial institutions and fintechs through its Cowork FRAML platform and developer APIs/SDKs. The platform combines computer-vision-based document verification across 150+ countries, graph-based fraud network analysis, liveness detection, and the Vyra AI compliance copilot to automate due diligence and reduce compliance workload by over 50%.
Is Youverify a public or private company?
Youverify is a private company. It is classified as venture growth investor backed and is currently operating.
When was Youverify founded?
Youverify was founded in 2017. It employs 11 to 50 people.
Where is Youverify based?
Youverify is headquartered in Lagos, Nigeria, in the Africa region.
How does Youverify make money?
One revenue line is on record: API Access & Platform Subscriptions.
Who are Youverify's main competitors?
Broad incumbents on record are Trulioo, Jumio, Onfido and Sumsub. Direct peers are Dojah, Identitypass, Smile Identity and Prembly. VerifyMe Nigeria is listed as a regional player. Mono is listed as an emerging player.
Does Youverify have an API?
Yes. Youverify provides a comprehensive REST API for identity verification, business verification, transaction monitoring, and AML compliance. The API supports JSON payloads, Bearer token authentication, webhook callbacks for real-time event notifications, and is accessible via SDKs for Web (JavaScript), iOS, and Android. Available to developers and enterprise customers through the Youverify OS portal. Developer documentation is at doc.youverify.co.
What industry is Youverify in?
Youverify's product category is Identity Verification & Compliance Software. Its primary akta.pro industry code is FSAGAFAA, Identity Verification & Digital ID (IDV, eIDAS, biometrics), with a secondary code of FSAGAFAE, Fraud Detection & Prevention (payments fraud, account takeover, scams). Its NAICS code is 541511 and its SIC code is 7370.