SourceID
SourceID is an AI-powered identity verification platform providing KYC, KYB, biometric liveness, AML screening, and risk scoring for financial institutions and enterprises across Africa, Europe, and North America, operating under the Caluu Group.
- Company typePrivate
- Founded2024
- HeadquartersLagos, Nigeria
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
SourceID firmographics
Firmographics- Name
- SourceID
- Website
- https://usesourceid.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SourceID is an AI-powered identity verification platform providing KYC, KYB, biometric liveness, AML screening, and risk scoring for financial institutions and enterprises across Africa, Europe, and North America, operating under the Caluu Group.
- Ownership category
- akta.pro rank
SourceID industry classification
Industry- Product category
- Identity Verification and KYC/KYB Compliance Software
- NAICS
- Investigation and Personal Background Check Services (561611), Credit Bureaus (561450)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320)
- akta.pro primary industry
- KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening) (FSAGAFAB)
- akta.pro secondary industries
- Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI), Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI), Data, Evidence & Document Verification (IDV) for KYC (FSAMAMAN), Beneficial Ownership (UBO) & Corporate Registry Verification (KYB) (FSAMAMAK)
Keywords
Where SourceID is headquartered
LocationHeadquarters
- HQ city
- Lagos
- HQ country
- Nigeria
- HQ region
- Africa
Offices4 records
Markets served
SourceID business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- API & SDK Access: Revenue generated from API calls and SDK integrations used by enterprise clients for KYC/KYB verification. Usage-based consumption model.
- Platform Subscription: Subscription-based access to the all-in-one verification platform with various tiers and capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise verification platform with all-in-one capabilities |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
SourceID product offering
Product offeringCore offering
SourceID provides an AI-powered perpetual KYC/KYB verification platform that enables businesses to verify customer identities and business entities across multiple jurisdictions. The platform combines identity document verification with OCR, 3D liveness biometric matching, AML/PEP/sanctions screening, government database checks, behavioral risk analytics, and customizable risk scoring, delivered via APIs, Mobile SDKs, and no-code tools for enterprise compliance and onboarding workflows.
Product overview
SourceID is an AI-driven identity and verification platform that operates as a unified platform-plus-modules architecture. The core SourceID KYC/KYB Verification Platform provides the foundational infrastructure for identity and business verification, which is extended through integrated modules including Identity Document Verification (with OCR), Biometric & Liveness Detection, AML & Watchlist Screening, KYB Solutions, Behavioral & Social Risk Signals, Real-Time Progress Tracking, Advanced Analytics, Customizable Form Builder, and Customizable Weighted Risk Scoring. The platform is powered by a suite of APIs and no-code tools that enable businesses to verify identities seamlessly, mitigate risk, and ensure perpetual KYC/KYB compliance globally.
Differentiator
Problem solved
Functional benefit
Products and services
- SourceID KYC/KYB Verification Platform AI-powered perpetual KYC/KYB verification platform for financial institutions, enterprises, and digital service providers that need to verify customer identities and business entities across multiple jurisdictions with cross-country coverage, automated address verification, AML/PEP/sanctions screening, biometric verification, and customizable risk scoring.
- Know Your Customer (KYC) Solutions Customer identity verification solution that authenticates government-issued IDs against national databases, performs biometric liveness and face matching, screens individuals against global sanctions, PEP lists, and watchlists, and assesses behavioral and social risk signals for secure user onboarding.
- Know Your Business (KYB) Solutions Business entity verification solution that confirms business legitimacy against global and local registries, identifies and validates UBOs, shareholders, and directors, verifies tax identification numbers and business registration details, and assesses reputation and risk using business activity data, social signals, and adverse media screening.
- SourceID APIs and Mobile SDKs Developer-facing integration product that exposes SourceID's identity and business verification capabilities through APIs, Mobile SDKs, and Webhooks so enterprises and developers can embed KYC, KYB, AML, and biometric verification into their own applications.
Companies that use SourceID
Customer profileSegments3 records
Ideal customer profiles3 records
SourceID technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature10 records
SourceID partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Caluu Groupparent entityCaluu Group is the parent company of SourceID. SourceID operates as an AI-driven identity and verification platform under the Caluu Group corporate structure with regional subsidiaries in Nigeria (Caluu Nigeria Ltd.), Ghana (Caluu Ghana Ltd.), UK (Caluu UK Ltd.), and USA (Caluu USA Ltd.).
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
SourceID competitors and assessment
Company assessmentDirect peers
- Trulioo: Global identity verification and business verification network covering400+ data sources for KYC/KYB and AML screening. Direct competitor in the cross-country verification value proposition.
- Onfido: Global identity verification and KYC platform offering document verification, biometric checks and AML screening via APIs. Direct head-to-head competitor to SourceID across the same enterprise financial-institution buyer base.
- Persona: Unified identity verification and KYC/KYB platform with configurable workflows, document and biometric checks, and AML screening. Closely comparable platform-plus-modules architecture.
- Jumio: Established KYC/AML and identity verification vendor with document, biometric and screening capabilities delivered as APIs. Competes with SourceID for the same financial-services compliance budgets.
- Veriff: Identity verification platform providing document authentication, face matching and AML checks via a single API. Comparable product scope and enterprise sales motion to SourceID.
- Smile Identity: Africa-focused digital identity verification provider offering KYC, biometric matching and AML screening across the continent. Most direct peer given shared geographic focus and product overlap with SourceID.
Regional players
- Youverify: Nigerian identity verification and KYB/AML platform serving African financial institutions. Regional competitor with overlapping African footprint and similar compliance buyer profile.
Broad incumbents
- GBG: Established global identity and location intelligence vendor offering KYC, AML, document verification and fraud solutions to regulated enterprises. Broader incumbent competing in the same RFPs.
- ID.me: Large-scale digital identity network providing identity verification, KYC and group-affiliation checks across financial, government and healthcare verticals. Adjacent incumbent with comparable core capabilities.
Others
- YouTrip: Background screening, KYC and due-diligence data provider enabling identity verification, document checks and risk screening for enterprises. Adjacent enabling player in the same compliance ecosystem.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
SourceID social profiles
Digital presenceSourceID compliance and trust
Trust signalCompliance3 records
SourceID financial estimates
Financial estimateRevenue estimate
Valuation estimate
SourceID leadership team
Management profileNumber of profiles
SourceID subsidiaries and ownership
Company hierarchySubsidiaries4 records
SourceID funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SourceID 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 SourceID
What does SourceID do?
SourceID provides an AI-powered perpetual KYC/KYB verification platform that enables businesses to verify customer identities and business entities across multiple jurisdictions. The platform combines identity document verification with OCR, 3D liveness biometric matching, AML/PEP/sanctions screening, government database checks, behavioral risk analytics, and customizable risk scoring, delivered via APIs, Mobile SDKs, and no-code tools for enterprise compliance and onboarding workflows.
Is SourceID a public or private company?
SourceID is a private company. It is classified as corporate owned and is currently operating.
When was SourceID founded?
SourceID was founded in 2024. It employs 1 to 10 people.
Where is SourceID based?
SourceID is headquartered in Lagos, Nigeria, in the Africa region.
How does SourceID make money?
Two revenue lines are on record. API & SDK Access are the primary driver. The others are platform Subscription.
Who are SourceID's main competitors?
Direct peers on record are Trulioo, Onfido, Persona, Jumio, Veriff and Smile Identity. Youverify is listed as a regional player. Broad incumbents are GBG and ID.me. YouTrip is listed as an others.
Does SourceID have an API?
Yes. SourceID offers direct APIs, Mobile SDKs, and Webhooks for integration. These enable businesses to embed identity and business verification capabilities into their own systems and workflows.
What industry is SourceID in?
SourceID's product category is Identity Verification and KYC/KYB Compliance Software. Its primary akta.pro industry code is FSAGAFAB, KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening), with a secondary code of BPAMAFAI, Fraud, Risk, KYC/AML & Compliance Platforms. Its NAICS code is 561611 and its SIC code is 7320.