Verifik
Verifik is a SaaS KYC/KYB and identity verification platform providing APIs and web apps for biometric authentication, document scanning, and government database screening across 20+ Latin American countries, serving fintech, banking, crypto, healthcare, and enterprise customers.
- Company typePrivate
- Founded2021
- HeadquartersSheridan, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Verifik does
Verifik is a SaaS identity verification and KYC/AML compliance platform focused on Latin America, providing APIs and web applications for citizen ID verification, business verification, vehicle plate checks, biometric authentication, and document scanning. The company serves enterprises across fintech, banking, iGaming, crypto, healthcare, virtual notary, transportation, and other verticals, with named customers including Mercado Libre, Cabify, London Stock Exchange, IDMERIT, Didit, Monet, Flit, Houm, Autonal, Juzto, UNI2 Microcrédito, and Tennis. Its technology stack combines face recognition with passive liveness detection, OCR across 120+ document types, direct integrations with 20+ government databases and 70+ data endpoints, and proprietary zero-knowledge primitives (HumanAuthn biometric key regeneration, ZK Face Proof). The Dynamic Query Architecture automatically reroutes between authorized sources for maximum uptime.
Verifik firmographics
Firmographics- Name
- Verifik
- Legal name
- Verifik LLC
- Website
- https://verifik.co
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Verifik is a SaaS KYC/KYB and identity verification platform providing APIs and web apps for biometric authentication, document scanning, and government database screening across 20+ Latin American countries, serving fintech, banking, crypto, healthcare, and enterprise customers.
- Ownership category
- akta.pro rank
Verifik industry classification
Industry- Product category
- Identity Verification and KYC/AML Compliance Software
- NAICS
- Investigation and Personal Background Check Services (561611)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA)
- akta.pro secondary industries
- Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI), Identity Verification, Proofing & KYC (IDV) (HDAEAJAI), AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC), Decentralized Identity (DID) & Verifiable Credentials (BPAMAEAJ)
Keywords
Where Verifik is headquartered
LocationHeadquarters
- HQ city
- Sheridan
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Verifik business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- API/Usage-based Verification Services: Credits-based consumption model where customers pay per verification API call. Different credit tiers apply for standard vs premium endpoints. Dynamic pricing applies when extended verification paths are used. Charged for successful responses (200/404), not charged for errors (403, 409, 412, 422, 500).
- Enterprise API Subscriptions: Custom enterprise agreements with dedicated support, higher availability SLAs (99%+ for biometrics/email vs 90% for data API), and premium tier access to government database endpoints.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free/self-serve tier with API access |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels11 records
Verifik product offering
Product offeringCore offering
Verifik delivers an API-first identity verification and KYC/AML compliance platform focused on Latin America. The platform combines government database screening across 20+ countries, biometric face recognition with passive liveness detection, OCR document scanning for 120+ document types, passwordless authentication, and customizable KYC/AML enrollment flows. It is sold to enterprises and developers via REST APIs, SDKs in multiple languages, and a suite of web applications (smartENROLL, smartACCESS, smartCHECK, smartREPORT).
Product overview
Verifik offers a unified identity verification and compliance platform providing APIs and web applications for Latin America. The platform comprises five core products: smartENROLL (KYC/AML enrollment flows), smartACCESS (passwordless biometric authentication), smartCHECK (government database querying), smartREPORT (compliance reporting), and smartREPORT (reporting). Core API products include Database Screening, Access, Face Recognition, Scan Doc, and HumanAuthn API. HumanAuthn represents a proprietary innovation combining biometric key regeneration with zero-knowledge cryptography as an alternative to traditional WebAuthn. The platform supports verification across 20+ countries with coverage for identity documents, vehicle plates, business entities, background checks, and biometric operations.
Differentiator
Problem solved
Functional benefit
Brands
- smartACCESS: Passwordless authentication for apps using biometric authentication and OTPs.
- smartENROLL
- smartCHECK
- smartREPORT
- HumanAuthn
Products and services
- Database Screening API service for verifying citizen IDs, vehicle plates, and business IDs against government databases across 20+ countries to reduce fraud risks. Queries 70+ data endpoints with Dynamic Query Architecture for automatic failover across multiple authorized sources.
- Access (Passwordless Authentication) Passwordless authentication API solution replacing traditional passwords with OTP and biometric authentication for enhanced account security and elimination of account breaches.
- Face Recognition Facial recognition and passive liveness detection API for verifying user identity and preventing spoofing attacks using biometric analysis. Includes face comparison, face search (1:N), and face detection capabilities.
- Scan Doc OCR document scanning API that extracts data from various document types, covering 120+ documents globally for automated data capture and identity verification workflows.
- HumanAuthn API Biometric key regeneration authentication API providing a person-bound alternative to WebAuthn, using zero-knowledge proofs where biometric data is never stored or exposed. Combines cryptographic randomness with ephemeral biometric-linked key regeneration.
- smartACCESS Web application enabling passwordless authentication for apps through email, phone, or facial recognition combined with OTP and liveness detection for account security.
- smartENROLL Web application providing customizable KYC/AML enrollment flows combining facial recognition, OCR document scanning, OTP verification, and liveness detection for secure digital onboarding of users.
- smartCHECK Web application for automatic validation of official documents and data, querying and certifying public data from government databases across Latin America with access to 70+ data endpoints.
- smartREPORT Web application providing instant reports with actionable insights from identity verification and compliance data.
Quantifiable outcome
- Instant verification results - process verifications in seconds for real-time digital onboarding
- +3 more outcomes
Companies that use Verifik
Customer profileNamed customers12 records
Segments12 records
Ideal customer profiles5 records
Verifik technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature10 records
Verifik partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
Verifik competitors and assessment
Company assessmentDirect peers
- Onfido: Onfido (now part of Entrust) provides AI-based identity verification, document authentication, and biometric checks for financial services and other regulated industries. It is a direct competitor in the enterprise KYC/IDV space, with similar API-first delivery but a different geographic focus that is less concentrated on Latin America.
- iDenfy: iDenfy provides identity verification, document scanning, and biometric liveness detection via API for fintech, banking, and sharing economy platforms. It is a comparable mid-market IDV SaaS with similar GTM (API-first, multi-vertical).
- Jumio: Jumio is a leading global identity verification and KYC/AML platform offering AI-driven ID verification, liveness detection, and document scanning across 200+ countries and territories. It directly competes with Verifik in biometric IDV and government database screening, with broader enterprise reach but less LATAM-specific government endpoint depth.
- Truora: Truora is a Latin American-focused identity verification and background check platform offering KYC, employee validation, and risk scoring APIs. It is one of Verifik's closest regional direct competitors in the same LATAM geography with comparable government data integrations.
- Sumsub: Sumsub is an all-in-one verification platform covering KYC/AML, KYB, identity verification, liveness, and transaction monitoring. It directly competes across most of Verifik's product portfolio and is known for strong crypto and fintech customer adoption globally.
- Veriff: Veriff provides AI-powered identity verification with document authentication and biometric liveness detection, targeting fintech, mobility, and online marketplaces. It is a direct competitor with comparable API-first architecture and overlapping customer verticals.
- Persona: Persona is an identity infrastructure platform offering configurable KYC/AML, document verification, and biometric authentication APIs. Like Verifik, it sells developer-first with PLG-friendly onboarding while serving enterprise customers across fintech, crypto, and online platforms.
- Trulioo: Trulioo offers global identity verification through a single API with access to hundreds of data sources worldwide. It competes with Verifik's smartCHECK/Database Screening product, with broader global coverage but arguably less depth in Latin American government endpoints.
Broad incumbents
- Plaid Identity: Plaid Identity offers identity verification and account ownership validation integrated with Plaid's broader financial data connectivity network. It competes in fintech KYC use cases with strong North American distribution, providing indirect competitive pressure on Verifik's enterprise pipeline.
- Onfido / Entrust Identity Verification: Entrust, the parent of Onfido, is a broad identity security incumbent offering IAM, PKI, and identity verification solutions to enterprises and governments. It competes with Verifik through its IDV portfolio while also serving as a broader identity infrastructure provider.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Verifik social profiles
Digital presenceVerifik compliance and trust
Trust signalCompliance6 records
Verifik financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verifik leadership team
Management profileNumber of profiles
Verifik funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verifik 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 Verifik
What does Verifik do?
Verifik delivers an API-first identity verification and KYC/AML compliance platform focused on Latin America. The platform combines government database screening across 20+ countries, biometric face recognition with passive liveness detection, OCR document scanning for 120+ document types, passwordless authentication, and customizable KYC/AML enrollment flows. It is sold to enterprises and developers via REST APIs, SDKs in multiple languages, and a suite of web applications (smartENROLL, smartACCESS, smartCHECK, smartREPORT).
Is Verifik a public or private company?
Verifik is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Verifik founded?
Verifik was founded in 2021. It employs 11 to 50 people.
Where is Verifik based?
Verifik is headquartered in Sheridan, United States, in the North America region.
How does Verifik make money?
Two revenue lines are on record. API/Usage-based Verification Services are the primary driver. The others are enterprise API Subscriptions.
Who are Verifik's main competitors?
Direct peers on record are Onfido, iDenfy, Jumio, Truora, Sumsub, Veriff, Persona and Trulioo. Broad incumbents are Plaid Identity and Onfido / Entrust Identity Verification.
Does Verifik have an API?
Yes. Verifik offers a REST API for identity verification, KYC/AML compliance, biometric validation, document scanning, and database screening across Latin America. The API supports multiple countries including Colombia, Mexico, Peru, Chile, Argentina, Brazil, and more, with endpoints for citizen ID verification, business verification, vehicle validation, driver license checks, background checks, biometric operations (liveness detection, face comparison, face search), OCR document scanning, and email/phone validation. Authentication is via Bearer token. Available SDKs in Node.js, Python, Swift, and PHP with code samples provided. Developer documentation is at docs.verifik.co.
What industry is Verifik in?
Verifik's product category is Identity Verification and KYC/AML Compliance Software. Its primary akta.pro industry code is FSAGAFAA, Identity Verification & Digital ID (IDV, eIDAS, biometrics), with a secondary code of BPAMAEAI, Fraud Prevention & Identity Verification (IDV/KYC). Its NAICS code is 561611 and its SIC code is 7372.