Shufti Pro offers a fully automated, configurable identity verification (IDV) platform that supports KYC, KYB and AML workflows and can be deployed on-premise. The product set emphasizes automation, global document-reading capabilities (including Arabic), and support for stringent regional requirements such as VideoKYC in Germany and UAE data-retention rules. The company has launched 17 IDV products since its 2017 inception, operates five regional offices, and serves 500+ clients across 230+ countries and territories in 150+ languages. Shufti Pro stresses a frictionless digital onboarding experience and the ability to tailor verification flows to customers' privacy and security needs. The firm plans to use new capital to accelerate global expansion, push its automated solution into new markets, enhance its IDV offerings, and extend its compliance suite. The business narrative emphasizes scaling internationally while maintaining configurable and compliant verification capabilities.

Total raised

$20M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2022