What Verify 365 does

Verify 365 is a UK-headquartered legal technology company and wholly-owned subsidiary of tmgroup that provides a unified AML, KYC, and client onboarding platform purpose-built for law firms and adjacent regulated professionals. The platform consolidates biometric identity verification (DynamicID with NFC-chip reading and facial recognition), address verification, FCA-regulated open banking source-of-funds analysis, PEPs and sanctions screening against 1,400+ global lists, KYB checks covering 500+ million companies, qualified electronic signatures (eSign 365), Stripe-powered digital payments, a 2,000+ form legal forms library (including Law Society TA6/TA7/TA10), and conveyancing property searches into a single workflow. Coverage extends to 200+ countries and 42 languages, with regional operations in the UK (Birmingham headquarters) and Australia (Sydney), and integrations with case management platforms Actionstep and Clio.

The business operates a subscription-based SaaS model with monthly recurring access to the platform, supplemented by a transaction-based take-rate of 1.85% + £0.20 on digital payments processed through Stripe. Go-to-market is a hybrid of enterprise field sales targeting law firms of all sizes (with demo-led conversion) and product-led growth via self-serve registration, mobile apps on iOS and Android, and channel partnerships with case management vendors. The company markets to law firms across all practice areas — conveyancing, family law, commercial law, immigration, employment, litigation, and wills & probate — plus estate agents and financial services firms. Primary regulatory differentiators include HM Land Registry Safe Harbour Digital ID Standard (achieved first), DIATF/IDSP certification, FCA regulation, ICO registration, SRA-compliant framework, and AUSTRAC compliance for the Australian operation.

Customer evidence indicates 500+ UK conveyancing clients plus named engagements with mid-market law firms including SMQ Legal, Elite Law, Optimus Law, Starck Uberoi Solicitors, Lawcomm Solicitors, Fenton Elliott, and Hibberts Solicitors. Disclosed customer-reported outcomes include 80% faster onboarding, identity verification reduced from weeks to minutes, and 98% automation of identity document checks. The company is private, does not disclose revenue or external funding, and is funded as part of the diversified tmgroup parent organization.

Name

Verify 365

Legal name

Verify 365

Website

https://verify365.app

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Verify 365 is a UK-based legal technology company that provides a unified AML, KYC, and client onboarding platform for law firms and adjacent regulated professionals, combining biometric ID verification, open banking source-of-funds checks, e-signatures, and digital payments into a single subscription-based workflow.

Ownership category

akta.pro rank

Product category

Legal Practice Management Software

NAICS

Investigation and Personal Background Check Services (561611), Credit Bureaus (561450)

SIC

Services-Legal Services (8111)

akta.pro primary industry

KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening) (FSAGAFAB)

akta.pro secondary industries

Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA), Beneficial Ownership (UBO) & Corporate Registry Verification (KYB) (FSAMAMAK), Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI)

Keywords

• AML compliance software
• KYC verification platform
• Law firm onboarding
• Identity verification software
• Legal technology solutions

Headquarters

HQ city

Birmingham

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription Platform Access: Verify 365 operates on a subscription model where law firms pay for access to the complete AML and KYC onboarding platform. Flexible pricing options cater to firms of all sizes.
2. Digital Payment Processing: Transaction fees on digital payments processed through the platform. Online payments are included in all Verify 365 subscriptions with a 1.85% + £0.20 fee per transaction.
3. Legal Forms Library: Access to over 2,000 integrated digital legal forms included in the platform subscription.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Verify 365 provides a unified AML, KYC, and client onboarding platform purpose-built for law firms and the legal sector. It combines proprietary DynamicID biometric and NFC identity verification, automated address checks, FCA-regulated open banking source-of-funds analysis, PEPs/sanctions monitoring, KYB checks, qualified electronic signatures, Stripe-powered digital payments, a 2,000+ legal forms library, and conveyancing property searches into a single compliance workflow that law firms subscribe to on a monthly basis.

Product overview

Verify 365 is a unified AML, KYC, and client onboarding platform designed specifically for law firms and the legal sector. The platform is built around a core Client Onboarding Platform that integrates multiple modules: DynamicID (proprietary biometric ID verification with NFC-chip reading and facial recognition), Address Verification, Open Banking/Source of Funds (FCA-regulated), eSign 365 (qualified electronic signatures), ePayments (Stripe-powered), eForms (2,000+ legal forms plus Law Society-licensed TA Forms), PEPs & Sanctions Monitoring (1,400+ lists with 12-month monitoring), KYB Checks (business verification for 500+ million companies), and Property Searches (conveyancing search bundles). All modules operate within a single workflow, sharing data to provide comprehensive client due diligence.

Differentiator

Problem solved

Functional benefit

Brands

• DynamicID: Cutting-edge ID verification technology at the core of the Verify 365 Client Onboarding Platform, featuring biometric and NFC-based identity checks.
• eSign 365

Products and services

• Client Onboarding Platform Unified AML, KYC, and client onboarding platform for law firms, combining biometric ID verification, address verification, source of funds analysis, eSignatures, digital payments, legal forms, KYB checks, and property searches into a single workflow used by law firms across all practice areas.
• DynamicID Proprietary biometric ID verification technology using NFC-chip reading and facial recognition for KYC compliance. Verifies 10,000+ documents from 200+ countries with government-graded liveness detection, achieving HM Land Registry Safe Harbour Standard.
• Open Banking Source of Funds FCA-regulated open banking technology with AI analytics that connects to 4,000+ banks across 30+ regions to verify source of funds, source of wealth, and Ultimate Beneficial Owner (UBO) identity for legal client due diligence.
• eSign 365 Electronic signature solution providing legally binding Qualified Electronic Signatures (QES) with non-editable audit trails, mobile-friendly signing, and integration with legal case management systems.
• ePayments Digital payment portal for collecting client payments via credit and debit cards, powered by Stripe with PCI DSS compliance, bank-grade security, and support for 45 currencies.
• KYB Checks Know Your Business verification solution for identifying Ultimate Beneficial Owners (UBOs), validating company status, and conducting AML company checks across 500+ million UK and international companies for commercial law firms.
• Property Searches Digital property search bundle for residential and commercial conveyancing matters, including HM Land Registry searches and environmental reports, used by conveyancing solicitors.

Quantifiable outcome

• 80% faster client onboarding
• +7 more outcomes

Named customers7 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability10 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered strategic and core.

• Wessex SearchesstrategicStrategic or Co-development Partner · 7 April 2025Strategic partnership announced in April 2025 to elevate the legal sector through innovative technology integration in property search services.
• Verlata ConsultingstrategicImplementation/ SI/ Consulting Partner · 31 March 2025Strategic partnership announced March 2025 with consulting firm Verlata Consulting to enhance legal sector onboarding solutions.
• HiveRiskstrategicStrategic or Co-development Partner · 10 February 2025Strategic partnership announced February 2025 with legal and compliance experts HiveRisk to provide enhanced risk management solutions for law firms.
• ActionstepcoreTechnology or IntegrationIntegration partnership with Actionstep, a legal practice management system. Enables seamless client onboarding workflows within the Actionstep case management environment for shared law firm customers.
• CliocoreTechnology or IntegrationIntegration partnership with Clio legal practice management software. Streamlines compliance and efficiency by connecting Verify 365's AML and onboarding tools within Clio's platform.
• tmgroupcoreOthersParent company. tmgroup is the parent organization of Verify 365, providing search provider services and legal technology solutions. tmGroup won Search Provider of the Year at the 2024 Modern Law Conveyancing Awards.
• LawtechUKstrategicStrategic or Co-development PartnerParticipation in LawtechUK initiatives, including events at British Embassies (e.g., Bucharest) bridging technology and legal sectors.
• StripecoreTechnology or IntegrationPayment processing technology partnership. Stripe provides the payment infrastructure for Verify 365's ePayments solution with bank-grade protection and PCI compliance.
• Solicitors Regulation Authority (SRA)strategicOthersRegulatory partnership. Verify 365 is built within the regulatory framework of the SRA, ensuring compliance with Solicitors Regulation Authority AML guidelines.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Onfido: Global identity verification provider offering biometric document and facial recognition checks for regulated industries. Directly comparable on the IDV/KYC capability that powers Verify 365's DynamicID, but Onfido serves a much broader customer base beyond legal.
• Jumio: AI-driven identity verification and AML compliance platform serving banks, fintechs and other regulated sectors. Closely comparable to Verify 365 on KYC/AML tooling and biometric verification, with comparable scale of global document and bank-data coverage.
• Sumsub: All-in-one identity verification, AML screening, and compliance orchestration platform serving fintechs, crypto, and other regulated sectors. Closely comparable to Verify 365's unified KYC/AML/ongoing-monitoring stack, with similar emphasis on automation and modular workflow.
• Veriff: Identity verification platform combining biometric, document, and AML/sanctions screening for regulated industries. Comparable to Verify 365's DynamicID + PEPs/sanctions module bundle, and increasingly targets verticals with regulatory onboarding requirements similar to legal services.
• Trulioo: Global KYC/AML and business verification platform covering 500+ million business records and 4,000+ document types — metrics that closely mirror Verify 365's KYB and IDV claims. Comparable as a competitor seeking to serve regulated onboarding workflows at multinational scale.
• Smokeball: Legal practice management and conveyancing software provider with built-in client onboarding and document automation features. Directly comparable to Verify 365 because it embeds onboarding workflows inside case management for small and mid-market law firms.
• InfoTrack: Australia-headquartered legal property and search technology platform offering integrated conveyancing, ID verification and AML tooling to law firms. Most comparable peer to Verify 365 because of its near-identical customer base (Australian law firms), legal-vertical specialisation, and combined IDV + property-search product set.

Broad incumbents

• Dye & Durham: Canadian-listed legal technology consolidator that owns InfoTrack and offers practice management, due-diligence, and conveyancing search products across multiple jurisdictions. Comparable as a broader incumbent expanding a UK/AU legal-tech stack that increasingly overlaps Verify 365's onboarding and AML modules.
• LexisNexis Risk Solutions: Compliance, identity verification, and beneficial-ownership data provider widely used by legal and financial services firms for AML, KYC, and due diligence. Comparable to Verify 365 as a broad incumbent supplying the underlying data and screening infrastructure that legal-sector onboarding platforms rely on.
• Clio: Leading cloud legal practice management platform with a growing suite of client intake, e-signature and payment tools. Comparable as both an integration partner and a broad incumbent whose expanding native onboarding functionality overlaps with Verify 365's value proposition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/with_replies

Compliance8 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 Verify 365