NeoCheck

What NeoCheck does

NeoCheck S.L. is a Spanish identity-verification and biometric-identification SaaS vendor, incorporated in December 2017 and registered in the Mercantile Registry of Madrid, with commercial offices in Madrid and its registered office in Castellón de la Plana. The company delivers document authentication, multi-modal biometric matching (facial, fingerprint, iris, and signature recognition), liveness detection, and AML/KYC compliance checks through REST APIs and cross-platform SDKs (Android/iOS). Its document-verification platform is structured in three security tiers — automated scan (Level 1), NFC chip reading on Android (Level 2), and three-light-source forensic pattern verification (Level 3) — and includes a proprietary Precision Cutting feature for millimeter-precise alteration detection. NeoCheck also operates NeoBlock, a blockchain-based traceability and data-integrity service running on a dedicated node within the Alastria permitted network, and offers ancillary modules for AML control lists, transaction monitoring, eIDAS trust services (digital signature, digital identity, qualified timestamp), and facial-recognition access control.

The business model is multi-stream. Revenue is primarily driven by usage-based verification credits (each successful ID analysis consumes one credit, priced in euros with 21% Spanish VAT), supplemented by API and SDK licensing for third-party embedding, recurring Platform API subscriptions, and professional services and Academy training. Distribution is hybrid: a self-serve developer portal (neocheck.net/api) supports product-led growth, while enterprise deals are sourced through direct sales, a network of regional resellers/integrators (SUMA Mexico in Latin America, Esprinet/V-Valley in Southern Europe, FinTech Payments in Madrid, Josanti in Ghana, Seguridad Integral in the Dominican Republic, Hotelequia in Spain), and a Microsoft co-sell motion on AppSource and Azure Marketplace. Technology integrations are anchored on Microsoft Azure (hosting and Cognitive Services for liveness detection), Dow Jones (PEP and adverse media), Bureau van Dijk (Orbis for KYB/UBO), Alastria (blockchain), The ID Co./DirectID (open banking), Validated ID (e-signature), Web-IQ (web intelligence), and Optherium (white-label digital banking).

NeoCheck targets seven primary verticals: banks and fintechs (KYC/AML onboarding, PSD2 SCA, transaction monitoring); public administrations (border control, prisons, immigration, civil registries); casinos and gambling (obligated-subject AML, self-exclusion); hotels and hospitality (contactless check-in, access control); mobility and transport (driver verification for rental and ride-share); notaries (signatory identification); and KYB onboarding of businesses and UBOs. The firm is privately held and bootstrapped — there is no documented institutional investor, parent company, or external shareholder — and its headcount is reported at 1-10. It is certified to ISO/IEC 27001:2013, ISO 9001:2015, ISO 14001:2015, ISO/IEC 19794-5, PCI Level 1, and holds SEPBLAC authorization for non-face-to-face identification under Spanish AML law.

Name

NeoCheck

Legal name

NeoCheck S.L.

Website

https://neocheck.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

NeoCheck is a Spanish SaaS vendor providing document verification, multi-modal biometric identification (face, fingerprint, iris, signature), liveness detection, and AML/KYC compliance via APIs and SDKs for banks, fintechs, public administrations, casinos, hotels, mobility operators, and notaries.

Ownership category

akta.pro rank

Product category

Identity Verification Software

NAICS

Investigation and Personal Background Check Services (561611), Security Systems Services (except Locksmiths) (561621)

SIC

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

akta.pro industry

PRIMARYFSAGAFAA

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

Financial & Insurance/Financial Technology (Fintech)/RegTech (Compliance, KYC/AML, Fraud, Identity)

SECONDARYHDADAAAF

Identity Verification & Proofing (IDV, KYC, Biometrics)

Hardware, Technology & Telecom/Cybersecurity/Identity & Access Management (IAM)

SECONDARYHDAEAJAI

Identity Verification, Proofing & KYC (IDV)

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Identity & Access Management (IAM) & Directory Services Platforms

SECONDARYFSAMALAE

Identity Verification (IDV) & Document Verification

Financial & Insurance/Payments & Transaction Processing/Payment Fraud, Risk & Chargeback Management

SECONDARYBPAKAEAJ

Identity, Address & Reference Verification

Business & Public Services/Security & Investigations Services/Private Investigation & Background Screening

Keywords

• Identity verification software
• Biometric authentication
• Document verification solutions
• AML compliance software
• KYC onboarding platform

Headquarters

HQ city

Castellón De La Plana

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Verification Credits: Users purchase a credit balance of ID verifications. Each automatic analysis performed on an identity document (image submitted or MRZ data entered) consumes one credit. Credits are debited only when a verification report is successfully delivered. Pricing in euros with Spanish VAT (21%) applied. The credit system supports both online document scanning and manual MRZ character input for professional users.
2. APIs & SDKs Licensing: NeoCheck licenses its cross-platform SDKs (FaceCheck, FingerprintCheck, IrisCheck, SignatureCheck) and APIs for embedding into third-party applications. Third-party developers can integrate the identity verification engine via REST APIs or embed iframe plugins on their own web pages. The company also works with main manufacturers of devices and developers of biometric technology, passing along savings on third-party licenses to customers.
3. Platform API Access: The NeoCheck Platform API provides full identity verification capabilities including document OCR, biometric checks (Face Matching), checklist verification, backoffice user/transaction management, and iframe plugin integration. Available via neocheck.net/api for developer self-service.
4. Professional Services & Consulting: Project management support, customization, and integration assistance for enterprise deployments. The company offers Academy training courses and workshops on document and ID verification.

Pricing tiers

Go-to-market motion2 records

Distribution channels11 records

Marketing channels7 records

Core offering

NeoCheck provides identity verification and biometric identification technology through APIs, SDKs, and a SaaS platform. The platform validates identity documents (passports, ID cards, driver licenses), performs biometric matching (facial, fingerprint, iris, signature), and runs AML/KYC compliance checks for customer onboarding. It supports three security levels including mobile NFC chip reading and forensic-grade pattern verification.

Product overview

NeoCheck is an identity verification and biometric identification technology company offering a comprehensive suite of products organized in three main categories: Document and Identity Verification (Document Verification platform with 3 security levels, NeoCheck Mobile App supporting online/offline verification, NeoCheck Onboarding for KYC/KYB customer enrollment), APIs & SDKs (FaceCheck SDK, FingerprintCheck SDK, IrisCheck SDK, SignatureCheck SDK, DocumentScan SDK, DocumentQA SDK for cross-platform integration), and Blockchain Solutions (NeoBlock platform for traceability and data integrity via Alastria blockchain). The platform also includes supplementary modules for AML compliance (Control Lists, Transaction Monitoring), eIDAS trust services (Digital Signature, Digital Identity, Qualified Timestamp), and Access Control by Facial Recognition. All products are designed for integration through REST APIs and SDKs, with over 15 years of experience in large-scale projects primarily serving the public sector (Border Control) and financial institutions.

Differentiator

Problem solved

Functional benefit

Brands

• FaceCheck: Facial recognition system that automatically recognizes a face by comparing it with a document, among crowds, in open and uncontrolled environments.
• FingerCheck
• IrisCheck
• SignatureCheck
• NeoBlock
• Smart Contracts
• Transaction Monitoring

Quantifiable outcome

• 99.99% reliability for signature verification
• +2 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability7 records

Feature10 records

Partnerships

Twelve partnerships are on record, tiered flagship, core and minor.

• MicrosoftflagshipTechnology or IntegrationMicrosoft is NeoCheck's flagship technology partnership. NeoCheck uses Microsoft Azure cloud infrastructure with 99.9% availability, real-time threat detection, firewalls, encryption, and data duplication. Azure Cognitive Services powers NeoCheck's liveness detection with AI. NeoCheck holds co-sell ready partner status on Microsoft AppSource and Azure Marketplace, enabling joint enterprise sales. The partnership provides Liveness Detection and AI-powered document verification for semi-automated identity checks.
• AlastriacoreTechnology or IntegrationAlastria is a non-profit multisectoral consortium that operates a permitted blockchain network (based on Quorum/Ethereum) in Spain. NeoCheck has created its own node on the Alastria network for the NeoBlock platform, enabling transaction validation through consensus and cryptographic recording for immutable data integrity. Alastria was created by major Spanish banking, energy, and telecommunications companies and is the world's first regulated national blockchain network.
• OptheriumcoreOEM/ Whitelabel/ Licensing PartnerOptherium provides a white-label digital banking SaaS platform built on blockchain, AI, and dynamic biometrics for fintechs and digital banks. NeoCheck's identity verification technology is embedded within the Optherium platform, enabling compliant KYC for digital banking applications. Founded in 2018 in Estonia with offices in London, Milan, and New York.
• Bureau van Dijk (Moody's Analytics)coreTechnology or IntegrationBureau van Dijk collects and processes private company information from 365 million companies worldwide. Their Orbis database is key to NeoCheck's KYB (Know Your Business) process, specifically for verifying Ultimate Beneficial Owner (UBO) information. Bureau van Dijk's data includes corporate structures, ownership, PEPs, and sanctions linked to companies.
• Dow JonescoreTechnology or IntegrationDow Jones provides PEP (Politically Exposed Persons) databases and adverse media screening integrated into NeoCheck's AML Control Lists and KYC/KYB onboarding processes. Data is sourced from Dun & Bradstreet, covering 69 million entities with 80 million individual owners. Dow Jones is a world-leading business intelligence and news company.
• Agile Control SolutionsminorImplementation/ SI/ Consulting PartnerAgile Control Solutions provides AML consulting, external expert reports, and PBC & FT (Prevention of Money Laundering and Financing of Terrorism) training. Founded in 2017 by Edo Bakker, former PwC Spain management team member. The partnership offers business consulting alongside NeoCheck's technical platform for PSD2 compliance.
• SUMA MexicocoreChannel Partner/ Reseller/ DistributorSUMA Mexico is NeoCheck's primary regional integrator and reseller for Latin America, with over 9 years of experience as the most important identity assurance company in Latin America. Specializes in verification and authentication of travel/identity documents, multibiometric enrollment, and secure document generation. Has reach across South America with strong L1/L2 support capabilities.
• EsprinetminorChannel Partner/ Reseller/ DistributorEsprinet is a leading IT and Consumer Electronics wholesaler in Southern Europe with turnover near €4 billion, targeting IT resellers, VARs, System Integrators, and e-commerce portals. Through its V-Valley division, it distributes value-added products and IT solutions including NeoCheck's platform to 30,000 resellers in Italy, Spain, and Portugal.
• FinTech PaymentsminorChannel Partner/ Reseller/ DistributorFinTech Payments, founded in Madrid in 2018, is a digital payment platform for fintechs and e-commerce. They offer white-label payment products (Payments App, Payments SaaS, Investment SaaS) and resell NeoCheck's identity verification to regulated payment service providers needing PSD2-compliant SCA.
• HotelequiaminorChannel Partner/ Reseller/ DistributorHotelequia provides consulting and technological solutions for the hotel sector, including digital transformation, chatbots, TV-IP, and home automation. They integrate NeoCheck's identity verification into hotel check-in and access control systems for clients in the Canary Islands and mainland Spain.
• Seguridad IntegralminorChannel Partner/ Reseller/ DistributorSeguridad Integral is a Dominican Republic-based physical security company founded in 2002, providing bank security, industrial security, event security, executive security, and armed motorized response. They potentially integrate NeoCheck's facial recognition for biometric access control solutions.
• Josanti InfoimagingminorChannel Partner/ Reseller/ DistributorJosanti Infoimaging, founded in Ghana in 2003, provides document management, electronic records management, automatic form processing, digital signatures, and business process automation. As a commercial agent in Africa, they help distribute NeoCheck's identity verification solutions in the region.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Onfido: Onfido (now part of Entrust) is a leading AI-based identity verification platform offering document verification, facial biometrics, and KYC/AML onboarding via APIs and SDKs — directly overlapping NeoCheck's core IDV offering and target customers in financial services.
• Jumio: Jumio is a global identity verification and KYC/AML platform offering document scanning, liveness detection, and biometric authentication to banks, fintechs, and governments — competing head-to-head with NeoCheck in enterprise IDV.
• Veriff: Veriff provides AI-powered identity verification with document authentication, biometric matching, and KYC compliance — a direct competitor serving similar fintech, financial services, and mobility verticals.
• Ondato: Ondato is a European KYC/AML compliance and identity verification SaaS platform covering document verification, biometric checks, and AML screening — closely comparable in size, EU regulatory focus, and product scope.
• Sumsub: Sumsub offers an all-in-one verification platform covering KYC, KYB, AML, document verification, and biometrics — competing across similar verticals and geographies, including EU and LATAM.
• Shufti Pro: Shufti Pro provides AI-driven identity verification, KYC, KYB, and AML screening via APIs — overlapping in product breadth and serving similar regulated industries globally.
• AU10TIX: AU10TIX provides forensic-level document verification, biometric authentication, and identity management for enterprises — competing in the same high-assurance document verification tier as NeoCheck.
• Persona: Persona is an identity verification platform offering document, biometric, and database checks configurable via APIs — a modern API-first competitor serving similar fintech and digital-native customer segments.

Broad incumbents

• Trulioo: Trulioo is a global identity verification platform with broad document, business, and AML data coverage — an incumbent offering overlapping capabilities as part of a wider compliance portfolio.
• ID.me: ID.me is a large-scale identity verification and digital identity wallet provider with strong US government and public-sector presence — a broader incumbent in identity proofing and federated digital ID.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/NeocheckID
• YouTubeyoutube.com/channel/UCl_ezYhYWnDLLYpwWt0v_Dg
• Facebookfacebook.com/neocheckID
• LinkedInlinkedin.com/company/neocheck

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 NeoCheck