Scanovate
- Company typePrivate
- Founded2014
- HeadquartersRamat Gan, Israel
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Scanovate does
Scanovate Ltd. (Israel, founded 2014) is an enterprise identity-and-compliance software vendor that builds and sells the B-Trust platform — a cloud-based compliance, identity, and entity management suite used by financial institutions for KYC/KYB/KYE, sanctions screening, and ongoing customer due diligence. The platform combines proprietary computer-vision technology (real-time video OCR, facial biometrics, liveness detection and a granted patent on 3D face recognition) with an extensible workflow engine, a no-code builder (TrustFlow), a marketplace of third-party data and screening connectors, and apps covering OFAC 50%-rule checks, PEP and adverse-media screening, corporate-structure retrieval, duplicate-identity detection, and case management.
The product surface spans the full customer lifecycle — product-design approval, marketing conduct-risk, onboarding, ongoing monitoring, payments, and post-contract/GDPR audit — and is positioned against compliance regulations including AML, OFAC, FATCA, CRS, EU/UN sanctions, and GDPR. Distribution is enterprise field sales with a "Book a Demo" model; named customers include Bank Hapoalim, Mizrahi Tefahot, FIBI, Banco Falabella, EL AL, and Telefonica. Revenue is generated via SaaS/cloud subscription; pricing is not publicly disclosed.
The company operates from three offices — Ramat-Gan (HQ), Philadelphia (North America) and Bogotá (LATAM) — and only one disclosed funding event is on record (a 2018 round associated with Global Fintech Solutions). Ownership is concentrated among four co-founders (Amir Fishman/CEO, Irad Gilboa/CTO, Roi Fishman/CPO, Alon Ofir/SME), with COO Amir Laufer tied to Fishman Group; no public ticker or institutional backing has been disclosed.
Scanovate firmographics
Firmographics- Name
- Scanovate
- Legal name
- Scanovate Ltd.
- Website
- https://scanovate.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Scanovate industry classification
Industry- Product category
- Compliance and Identity Management Software
- NAICS
- Investigation and Personal Background Check Services (561611), Investigation and Security Services (5616)
- SIC
- Finance Services (6199), Services-Computer Programming Services (7371)
- akta.pro primary industry
- KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening) (FSAGAFAB)
- akta.pro secondary industries
- KYC/KYB, Identity Verification & Customer Due Diligence (FSAFAOAE), Beneficial Ownership (UBO) & Corporate Registry Verification (KYB) (FSAMAMAK), Sanctions Screening & Watchlist/PEP Screening (Crypto) (FSADALAC)
Keywords
Where Scanovate is headquartered
LocationHeadquarters
- HQ city
- Ramat Gan
- HQ country
- Israel
- HQ region
- Middle East
Offices3 records
Markets served
Scanovate business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS/Cloud Platform Subscription: Cloud-based platform offered as subscription service for compliance controls and identity management throughout the business value chain
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Scanovate product offering
Product offeringCore offering
Scanovate provides a cloud-based B-Trust platform that digitizes compliance controls and identity management across the entire business value chain. The platform automates KYC/KYB/KYE processes, sanctions and PEP screening, OFAC 50% rule checks, fraud detection, and corporate structure verification through a no-code workflow engine with an open API marketplace of proprietary and third-party apps.
Product overview
Scanovate provides a unified enterprise identity and compliance platform called B-Trust, which is a next-generation compliance, identity, and entity management solution. The platform consists of a core flow engine with an open marketplace of proprietary and third-party applications. Key modules include TrustFlow (no-code workflow builder), Sanctions Screening Connector, OFAC50-Check App, Corporate Structure Connector, Fraud Detector, AdverseMedia App, RiskScore App, Case Management Tool, and various identity verification components including OCR, Face Recognizer, and Liveness Detection. The platform supports KYC/KYB/KYE processes across the entire customer lifecycle from onboarding through ongoing monitoring and payments.
Differentiator
Problem solved
Functional benefit
Brands
- B-Trust: Next-Gen Compliance, Identity & Entity Management Platform that digitizes compliance controls and identity management throughout the entire business value chain.
Products and services
- B-Trust Platform Next-generation compliance, identity, and entity management platform built on a flexible flow engine that connects business processes with external data sources and third-party integrations through an open marketplace; manages KYC/KYB/KYE processes from onboarding through ongoing monitoring for financial institutions.
- KYC Orchestra Solution Deployed KYC orchestration solution built on the B-Trust platform, used by financial institutions across multiple geographies.
Quantifiable outcome
- Onboarding time reduced to under 3 minutes
- +2 more outcomes
Companies that use Scanovate
Customer profileNamed customers13 records
Segments4 records
Ideal customer profiles2 records
Scanovate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability8 records
Feature12 records
Scanovate partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights6 records
Scanovate competitors and assessment
Company assessmentDirect peers
- Onfido: Onfido is a leading AI-based identity verification and KYC/KYB platform serving global financial institutions and fintechs. It directly overlaps with Scanovate's B-Trust onboarding, biometric verification, and compliance orchestration capabilities for enterprise banking customers.
- Jumio: Jumio provides AI-powered identity verification, eKYC, and AML screening solutions to banks, fintechs, and enterprises globally. It competes head-to-head with Scanovate on biometric onboarding, sanctions/PEP screening, and KYC orchestration for financial institutions.
- AU10TIX: AU10TIX is an Israel-based identity verification and customer onboarding vendor serving banks, fintechs, and crypto exchanges worldwide. Like Scanovate it is Israeli-rooted, focuses on document OCR, biometric verification, and KYC, and serves many of the same financial institution and digital wallet customers.
- Sumsub: Sumsub offers an all-in-one identity verification, KYC/KYB, AML, and fraud prevention platform with a strong marketplace and no-code workflow tools. It directly competes with Scanovate's B-Trust on orchestration, biometric onboarding, sanctions screening, and case management for regulated enterprises.
- Veriff: Veriff provides AI-driven identity verification, document OCR, biometric checks, and AML screening for financial services and digital platforms. It overlaps with Scanovate on onboarding biometrics, KYC automation, and compliance controls for enterprise customers.
- Persona: Persona offers a configurable identity verification platform with KYC/KYB, AML screening, and no-case-management-style orchestration flows. It competes with Scanovate's TrustFlow and B-Trust on flexible workflow building and biometric onboarding for enterprise customers.
- Trulioo: Trulioo provides global digital identity verification, KYC/KYB, and AML screening through a single API platform. It is comparable to Scanovate as an enterprise onboarding and compliance orchestration layer for banks and fintechs operating across multiple jurisdictions.
- Mitek Systems: Mitek Systems provides mobile identity verification, document OCR, biometric capture, and KYC solutions to banks and fintechs. It competes with Scanovate on the document capture, OCR, and biometric verification layers of onboarding for enterprise banking customers.
- ComplyAdvantage: ComplyAdvantage is an AI-driven AML and sanctions/PEP screening platform with transaction monitoring and customer risk scoring. It is comparable to Scanovate's Sanctions Screening, PEP Screening, AdverseMedia, and RiskScore apps within the B-Trust compliance orchestration suite.
Broad incumbents
- Refinitiv World-Check (LSEG): Refinitiv (LSEG) World-Check is an established incumbent KYC and third-party risk intelligence platform used by most global banks for sanctions, PEP, and adverse media screening. It is comparable to Scanovate's screening and due diligence apps but operates as a broad incumbent data provider rather than a pure orchestration platform.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Scanovate social profiles
Digital presenceScanovate compliance and trust
Trust signalCompliance4 records
Scanovate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Scanovate leadership team
Management profileNumber of profiles
Profiles8 records
Scanovate funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Scanovate 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 Scanovate
What does Scanovate do?
Scanovate provides a cloud-based B-Trust platform that digitizes compliance controls and identity management across the entire business value chain. The platform automates KYC/KYB/KYE processes, sanctions and PEP screening, OFAC 50% rule checks, fraud detection, and corporate structure verification through a no-code workflow engine with an open API marketplace of proprietary and third-party apps.
Is Scanovate a public or private company?
Scanovate is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Scanovate founded?
Scanovate was founded in 2014. It employs 51 to 100 people.
Where is Scanovate based?
Scanovate is headquartered in Ramat Gan, Israel, in the Middle East region.
How does Scanovate make money?
One revenue line is on record: saaS/Cloud Platform Subscription.
Who are Scanovate's main competitors?
Direct peers on record are Onfido, Jumio, AU10TIX, Sumsub, Veriff, Persona, Trulioo, Mitek Systems and ComplyAdvantage. Refinitiv World-Check (LSEG) is listed as a broad incumbent.
Does Scanovate have an API?
Yes. Scanovate's B-Trust platform features an API-first design with an open marketplace for API integrations. The platform enables real-time integration with best-of-breed solutions and connects business processes with external data sources. It supports third-party integrations through connectors for sanctions screening, corporate structure retrieval, adverse media checks, and fraud detection. The platform offers no-code flow configuration allowing users to create workflows without coding knowledge.
What industry is Scanovate in?
Scanovate's product category is Compliance and Identity Management Software. Its primary akta.pro industry code is FSAGAFAB, KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening), with a secondary code of FSAFAOAE, KYC/KYB, Identity Verification & Customer Due Diligence. Its NAICS code is 561611 and its SIC code is 6199.