ID-Pal (founded 2016) offers an ISO 27001–certified identity verification solution that combines biometric, document, and database checks to streamline AML and KYC in a GDPR-compliant product. Its solution is available out-of-the-box, via API/SDK, and as a Salesforce AppExchange integration. The company claims global coverage of more than 6,000 identity documents and 200 verified address data sources, serving enterprise clients and SMEs across 200 countries and jurisdictions. Backed by Enterprise Ireland, ID-Pal has won industry awards including Best Customer Facing Experience (PAY360 2021) and the IT & Fintech Irish Times Innovation Award (2022). The company recently completed a €7.0M Series A and is focusing on scaling global sales and marketing following an official UK launch earlier in the year. ID-Pal builds an end-to-end, configurable SaaS platform that uses mobile technology to verify customer identities in real time for sectors including payments, financial services, legal, insurance and property. The platform packages best-of-breed technologies into a high-quality user experience and a flexible technical architecture designed to maximise compliant customer acquisition across channels and jurisdictions. ID-Pal's solution is designed for fast integration and branding with minimal technical effort, and the company cites active partnerships with Temenos and Salesforce. Founded in 2016, its technology has been used in over 43 countries and serves clients such as AIB Merchant Services, Elavon, Fexco, HID Global, KYC Global, Mercer, One4all and Sherpa Technologies. The company has grown from 11 to 19 employees in the prior nine months and plans further hiring in line with its growth through 2021 and beyond. ID-Pal intends to continue investing in product and technology development, system processes, resources, and global sales and marketing to pursue international expansion.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2022