verfiX

What verfiX does

VerfiX AG is a pre-seed Swiss identity infrastructure company headquartered at Trust Valley, EPFL Innovation Park in Lausanne, building a unified platform for KYC, KYB, AML screening, biometric verification, and fraud intelligence targeted at banks, fintechs, crypto exchanges, insurers, telecoms, government agencies, and other regulated organizations in Switzerland and the DACH region. The platform is accessed through a single REST API and exposes six SDKs (Node.js, Python, Java, .NET, PHP, React-hosted), with a sandbox at api.sandbox.verfix.ch and four deployment models: VerfiX-managed SaaS, Swiss-dedicated single-tenant, private cloud, and fully on-premise, the last two designed to satisfy nFADP, FINMA, GwG, and eIDAS 2.0 data-sovereignty requirements.

The product portfolio centers on four core offerings: VerfiX KYC/KYB (document OCR with NFC ePassport reading, face and voice biometrics, business registry verification with UBO mapping); the VerfiX Trust Engine™, which fuses document, face, voice, AML, device, and behavioral signals into a weighted 0–100 trust score with configurable rules and a regulator-ready audit trail; VerfiX Gateway, a single API accepting EU Digital Identity Wallet credentials from all 27 EU member states plus the Swiss eID at eIDAS High assurance; and the VerfiX Secure Chip, a planned EAL6+ secure element that runs match-on-chip face and voice verification for ATMs and POS terminals with no biometric data egress, targeted for commercial launch in Q3 2027. Supporting modules include AML screening (SECO, UN, EU, OFAC, HM Treasury, PEP, adverse media with webhook-based ongoing monitoring) and KYB verification.

The business model is enterprise-led, combining usage-based per-verification pricing with annual enterprise contracts, tiered by committed volume and product mix, plus licensing and professional-services revenue from on-premise and Swiss-dedicated deployments, and a partner-driven hardware-licensing model for the Secure Chip. Customer acquisition runs through direct enterprise sales with 30–90 day structured pilots, an API self-serve channel for developer-led adoption, and a partner ecosystem anchored in Trust Valley and Innosuisse, with research collaborations in discussion with Idiap and CSEM. The company has three co-founders (Ahmed Alsultan, Petter Stähle, Manel Mhamdi), 1–10 employees, and explicitly claims zero customers, zero revenue, and zero completed funding rounds at this stage while actively raising pre-seed capital.

Name

verfiX

Legal name

VerfiX AG

Website

https://verfix.ch

Company type

Private

Founded year

2026

Operating status

Operating

Headcount range

1–10 employees

Short description

VerfiX AG is a pre-seed Swiss company building a single-API identity infrastructure platform unifying KYC, KYB, AML, biometric verification, and trust scoring for regulated banks, fintechs, VASPs, insurers, and government agencies in Switzerland and the DACH region.

Ownership category

akta.pro rank

Product category

Identity Verification & Compliance Software

NAICS

Computer Systems Design and Related Services (54151), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Computer Integrated Systems Design (7373), Finance Services (6199)

akta.pro industry

PRIMARYFSAGAFAA

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

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

SECONDARYBPAMAEAI

Fraud Prevention & Identity Verification (IDV/KYC)

Business & Public Services/Web, Mobile & Digital Platforms/Digital Identity, Authentication & Access

SECONDARYBPAMAEAE

Authentication (MFA/Passwordless/Biometrics) Platforms

Business & Public Services/Web, Mobile & Digital Platforms/Digital Identity, Authentication & Access

SECONDARYBPAMAEAJ

Decentralized Identity (DID) & Verifiable Credentials

Business & Public Services/Web, Mobile & Digital Platforms/Digital Identity, Authentication & Access

SECONDARYHDAHAJAK

Secure Elements & Trusted Execution Processors (TPM/TEE/Crypto MCUs)

Hardware, Technology & Telecom/Semiconductors & Electronic Components/Digital Logic & Processors (MCU/MPU/SoC)

SECONDARYFSAGAMAE

Decentralized Identity & Verifiable Credentials for Finance (DID/KYC Reuse)

Financial & Insurance/Financial Technology (Fintech)/Blockchain & Web3 Financial Infrastructure (Tokenization, Custody Tech)

Keywords

• Identity verification software
• KYC KYB compliance
• AML sanctions screening
• Biometric authentication platform
• EIDAS digital identity

Headquarters

HQ city

Lausanne

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Verification Platform Licensing: Per-verification and platform licensing for KYC, KYB, AML, Trust Engine, and Gateway products. Priced per programme based on volume, products, and deployment model. Tiered pricing by committed monthly volume. Enterprise contract-based.
2. Hosted / Managed SaaS: VerfiX-managed, Swiss-hosted white-label verification service managed by VerfiX. Fastest to deploy model. Revenue from per-verification fees on managed volume.
3. On-Premise / Swiss-Dedicated Deployment: Deployment inside customer's environment for full data residency and sovereignty. VerfiX manages operations while customer controls data and infrastructure. Revenue from licensing and professional services.
4. VerfiX Secure Chip (Hardware): On-chip biometric verification technology licensed per ATM or terminal deployed. Partner-driven commercialization model with Swiss silicon partners.
5. Professional Services: Integration, compliance, and pilot enablement services. Implementation phase included for dedicated and on-premise deployments. Pilot programs run 30-90 days.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

VerfiX provides a Swiss-hosted identity infrastructure platform that unifies KYC, KYB, AML screening, biometric verification (document, face, voice), fraud intelligence, and trust scoring behind a single REST API. The platform is offered as SaaS, Swiss-dedicated, private cloud, or fully on-premise deployments, and additionally includes an on-chip biometric verification product (VerfiX Secure Chip, EAL6+) for ATMs and POS terminals where raw biometric data never leaves the device.

Product overview

VerfiX is a Swiss identity infrastructure platform providing a unified suite of identity verification, business verification, AML compliance, and fraud intelligence products orchestrated through a single API. The portfolio consists of four core products: (1) VerfiX KYC/KYB — document, face, voice, video, and AML verification in one workflow; (2) VerfiX Trust Engine™ — the central decision layer fusing all signals into an explainable trust score with configurable risk rules and audit trail; (3) VerfiX Gateway — a single API accepting EU Digital Identity Wallets (eIDAS 2.0) from all 27 EU member states plus the Swiss eID; and (4) VerfiX Secure Chip — an on-device biometric verification chip (EAL6+) that processes face and voice matching on the chip itself with zero biometric data egress, for ATM and POS use. Additional modules include AML Screening (sanctions, PEP, adverse media with continuous monitoring) and KYB Verification (registry extraction, ownership mapping, UBO identification). The platform supports SaaS, Swiss-dedicated, private cloud, and fully on-premise deployment models.

Differentiator

Problem solved

Functional benefit

Brands

• VerfiX Trust Engine™: The central intelligence layer combining identity, compliance, fraud, and risk signals into one explainable decision with configurable rules and full audit trail.
• VerfiX Secure Chip
• VerfiX Gateway
• VerfiX AML
• VerfiX KYB

Products and services

• VerfiX KYC / KYB Modular AI-powered identity verification platform combining document verification, face and voice biometrics, AML screening, and fraud intelligence in one workflow, covering individual KYC and business KYB (registry verification, UBO mapping, sanctions screening) through a single API for banks, fintechs, insurers, and other regulated organizations.
• VerfiX Trust Engine™ Central intelligence layer fusing every verification signal — document, face, voice, AML, device, and behavioral — into one weighted trust score with configurable risk rules, automated approve/review/reject routing, and a full explainable audit trail for regulators.
• VerfiX Gateway Single REST API integration accepting EU Digital Identity Wallet (EUDIW) credentials from all 27 EU member states plus the Swiss eID, validating each against national trust anchors at eIDAS High assurance and returning one normalised identity result.
• VerfiX SDK Official SDK libraries in Node.js, Python, Java, .NET, PHP, and React (hosted widget) enabling developers to embed VerfiX's identity verification, biometric authentication, and compliance workflows into web, mobile, and enterprise applications.
• VerfiX Secure Chip On-device biometric verification chip for ATMs and POS terminals that runs face and voice template extraction and matching inside a tamper-resistant EAL6+ secure element, so raw biometrics never leave the device, enabling cardless, PIN-less ATM transactions with Swiss data residency and nFADP/GDPR alignment.
• VerfiX AML Screening Sanctions, PEP, and adverse media screening at onboarding and continuously, covering SECO, UN, EU, OFAC, and HM Treasury lists, with automated webhook alerts for new hits and scheduled rescans of the full customer base.
• VerfiX KYB Verification Business verification that resolves companies against official commercial registries, maps multi-tier ownership structures, identifies ultimate beneficial owners above threshold with automatic KYC routing, and screens entities and principals against sanctions and adverse media in one automated workflow.

Quantifiable outcome

• Onboarding reduced from 11 business days to 4 hours with eIDAS High assurance (private banking use case)
• +10 more outcomes

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability9 records

Feature9 records

Partnerships

Six partnerships are on record, tiered core, major, minor and regulatory alignment.

• Trust ValleycoreStrategic or Co-development PartnerVerfiX is an active member of Trust Valley, Switzerland's digital trust and cybersecurity hub based at EPFL Innovation Park, Lausanne. Trust Valley serves as VerfiX's primary ecosystem and incubation home, connecting the company with Switzerland's innovation and research community.
• Innosuisse — Swiss Innovation AgencycoreStrategic or Co-development PartnerVerfiX has secured an Innosuisse coaching voucher, Switzerland's official innovation agency support mechanism. Innosuisse engagement provides validated coaching and credibility for the company's innovation development.
• Idiap Research InstitutemajorTechnology or IntegrationIdiap Research Institute (Swiss Research Institute for Artificial Intelligence) — joint work in discussion on biometrics, speech processing, and AI research. VerfiX's chip MVP targets on-device AI anti-spoofing capabilities that would benefit from Idiap's research expertise.
• CSEM — Swiss Center for Electronics and MicrotechnologymajorTechnology or IntegrationCSEM (Swiss micro-engineering and on-chip systems organization) — collaboration in discussion for the VerfiX Secure Chip. CSEM would provide Swiss-engineered secure silicon with ultra-low power consumption for on-chip biometric processing.
• Unlimits CampusminorStrategic or Co-development PartnerUnlimits Campus (Learn, Connect, Innovate) — engaged as part of Switzerland's broader innovation ecosystem, providing connectivity to the startup and innovation community.
• FINMA — Swiss Financial Market Supervisory Authorityregulatory alignmentOthersVerfiX products are aligned with FINMA regulatory expectations for Swiss banks and financial institutions. The company explicitly states it holds no FINMA approval, PCI, or eIDAS certification at this stage. FINMA alignment is a product design goal rather than a formal certification.

Scale indicators7 records

Recent moves6 records

Expansion highlights8 records

Direct peers

• ID.me: Identity verification network with strong government and financial services presence, offering KYC, KYB, and login services. Comparable vertically-segmented GTM and regulated-industry posture.
• Trulioo: Global identity verification network covering KYC, KYB, and AML across 195+ countries. Directly comparable product surface and target verticals, particularly banks and fintechs.
• Jumio: Established IDV vendor covering KYC, KYB, AML, and biometrics for banks, fintechs, and crypto exchanges. Targets the same banking, fintech, and crypto/VASP segments VerfiX is going after.
• Onfido: Global identity verification provider offering document, biometric, and AML checks through a single API. Direct overlap with VerfiX's KYC, biometric, and Trust Engine stack; serves the same regulated enterprise customers.
• Persona: Configurable identity verification platform with document, biometric, and AML components, sold into fintech, banking, and crypto. Closely comparable API-first GTM and configurable risk-rules approach to VerfiX Trust Engine.
• Sumsub: All-in-one verification, AML, KYC, KYB, and fraud-intelligence platform with strong crypto/VASP presence. Directly comparable scope to VerfiX's unified KYC/KYB/AML/Trust Engine stack.
• Veriff: Identity verification platform combining document, face, and AML screening for regulated industries. Closely comparable product surface (KYC + biometrics + AML) and enterprise sales motion to VerfiX's target verticals.
• Au10tix: Identity verification vendor specialising in document authentication and face matching for banks, fintechs, and crypto platforms. Comparable enterprise customer base and biometric verification focus.

Regional players

• Signicat: European digital identity provider focused on the Nordics and broader EU, with deep eIDAS integration and bank-grade KYC. Comparable European banking and regulated-industry focus, though historically Nordic-centric.

Broad incumbents

• Thales: Global security and digital identity vendor with hardware secure elements, IAM, and biometric authentication portfolios. Relevant for the VerfiX Secure Chip hardware thesis — a large incumbent that could enter the on-device biometric ATM space.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/verfix
• YouTubeyoutube.com/playlist?list=PLOENtMm5HXQu0nxIcnmBwiT_oVgRCSxH1
• LinkedInlinkedin.com/company/verfix

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 verfiX