Allpass.ai

Allpass.ai

Electronic KYC – elKYC provides quick, secure and intuitive onboarding customers.. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD2—3m (Dealroom.co estimates Aug 2022.)
Kyiv Ukraine (HQ)
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DateInvestorsAmountRound

€100k

Seed

$25.0k

Grant
*

€250k

Seed
*

$10.0k

Grant
*

€25.0k

Grant
Total FundingAUD692k

Recent News about Allpass.ai

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Allpass.ai is a Ukrainian startup specializing in identity verification and customer onboarding solutions. The company operates primarily in the Fintech sector, focusing on small and medium-sized enterprises (SMEs) that require efficient and secure Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. Allpass.ai offers a suite of services designed to streamline the onboarding process, reduce fraud, and enhance the overall user experience.

The core services provided by Allpass.ai include Identity Verification, 2-Factor Authentication, and 3D Liveness Detection. Identity Verification allows businesses to quickly and securely verify the identities of new customers by scanning passports, licenses, and national or state identification cards. The 2-Factor Authentication adds an extra layer of security, ensuring that only legitimate users can access services. The 3D Liveness Detection feature helps to prevent fraud by verifying that the person presenting the ID is physically present and not using a photo or video.

Allpass.ai serves a diverse range of clients, including Fintech companies, online booking platforms, and any business that requires robust identity verification processes. The company operates in the global market, with a particular focus on the Fintech SME segment.

The business model of Allpass.ai is based on providing subscription-based services to its clients. Companies pay a recurring fee to use Allpass.ai's technology, which helps them comply with regulatory requirements, reduce the risk of fraud, and improve customer onboarding efficiency. This model ensures a steady stream of revenue while providing clients with ongoing support and updates.

In summary, Allpass.ai is a cost-effective, secure, and fast solution for businesses looking to enhance their KYC and AML processes. By leveraging advanced technologies, the company helps clients reduce manual checks, minimize compliance risks, and improve conversion rates.

Keywords: Identity Verification, KYC, AML, Fintech, SMEs, Fraud Prevention, 2-Factor Authentication, 3D Liveness Detection, Customer Onboarding, Compliance.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.