Onfido: against COVID-19 Company
Entity: Onfido
Category: FinTech and Digital Economy
Description: Onfido's AI-based identity verification assesses whether a user’s ID is genuine, then compares it against their facial biometrics. Onfido provides an identity verification platform that leverages Artificial Intelligence to analyze a person’s facial biometrics and compare it to government-issued IDs to verify identity. Customers include Revolut, Zipcar and Bitstamp, among many others. Identity underpins all transactions, and over the coming years, access to everything will be based on every user's ability to easily and securely prove their legal identity. Onfido is not a FinTech company, but offers services that are being widely used within the framework of financial technology companies and digital economy amid the COVID-19 crisis.
Project: Free access to ID Services for non-profits fighting COVID-19
Summary: Onfido is offering its selfie-based identity solution to nonprofits and charities in the healthcare, home care or education spaces for free for a period of six months. The company has already put this initiative into action. Florence, an organization that supplies registered nurses to care homes in the UK, is now taking advantage of Onfido’s offer. Onfido says that weekly volumes in the online healthcare and pharmacies space have gone up 345 percent, while weekly volumes in remittances and payment have grown by 37 percent. Any non-profits or charity organizations that are interested in taking advantage of this free technology as they seek to mitigate the COVID-19 pandemic are invited to apply through Onfido’s website.
+ Investors:
Crane Venture Partners
TPG Growth
Acequia Capital (Acecap)
Category: FinTech and Digital Economy
Description: Onfido's AI-based identity verification assesses whether a user’s ID is genuine, then compares it against their facial biometrics. Onfido provides an identity verification platform that leverages Artificial Intelligence to analyze a person’s facial biometrics and compare it to government-issued IDs to verify identity. Customers include Revolut, Zipcar and Bitstamp, among many others. Identity underpins all transactions, and over the coming years, access to everything will be based on every user's ability to easily and securely prove their legal identity. Onfido is not a FinTech company, but offers services that are being widely used within the framework of financial technology companies and digital economy amid the COVID-19 crisis.
Project: Free access to ID Services for non-profits fighting COVID-19
Summary: Onfido is offering its selfie-based identity solution to nonprofits and charities in the healthcare, home care or education spaces for free for a period of six months. The company has already put this initiative into action. Florence, an organization that supplies registered nurses to care homes in the UK, is now taking advantage of Onfido’s offer. Onfido says that weekly volumes in the online healthcare and pharmacies space have gone up 345 percent, while weekly volumes in remittances and payment have grown by 37 percent. Any non-profits or charity organizations that are interested in taking advantage of this free technology as they seek to mitigate the COVID-19 pandemic are invited to apply through Onfido’s website.
+ Investors:
Crane Venture Partners
TPG Growth
Acequia Capital (Acecap)
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Technology:
FinTech and Digital Economy
Headquarters:
United Kingdom
Founded Date:
N/A
Employees Number:
N/A
Funding Status:
N/A
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