iDenfy‘s goal is to turn a customer's device into an ID scanning and face recognition system that makes it fast and easy to capture and verify their ID and other credentials to meet KYC and AML requirements. Real-time ID scanning and face verification are applied on websites and mobile applications, helping reduce risk and minimize fraud for online transactions. This enables customers to perform daily operations from their home instead of going to service centres, where a company needs many cost-ineffective employees. Also, it avoids the costly and time-consuming process of manual documentation required for submission and verification.
Founded in 2016 at Kaunas University Technology Park by two childhood friends, iDenfy was awarded Startup of the Year in Lithuania in 2018. iDenfy provides real-time identity verification service for financial, sharing-economy, gaming industries.