OverviewSuggest Edit

Onfido is engaged in the building of a new identity standard for the Internet. Its AI-based technology assesses whether a user’s government-issued ID is genuine or fraudulent, and then compares it against their facial biometrics. The Company aims to give its clients the assurance they need to onboard customers remotely and securely. 

TypePrivate
Founded2012
HQLondon, GB
Websiteonfido.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Oct 2020)417(+2%)
Revenue (FY, 2018)£18.6 M(+135%)
Cybersecurity ratingAMore

Onfido Office Locations

Onfido has offices in London, Alexandria, New York, San Francisco and in 2 other locations
London, GB (HQ)
3 Finsbury Ave
Lisboa, PT
R. Alexandre Herculano 39A
Alexandria, US
Alexandria, VA, USA
New York, US
1460 Broadway
San Francisco, US
149 New Montgomery St, San Francisco
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Onfido Financials and Metrics

Summary Metrics

Onfido's latest funding round in April 2020 was reported to be $100 m. In total, Onfido has raised $210.3 m
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Onfido Revenue

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Onfido's revenue was reported to be £18.59 m in FY, 2018
GBP

Revenue (FY, 2018)

18.6m

Gross profit (FY, 2018)

8.9m

Gross profit margin (FY, 2018), %

47.9%

Net income (FY, 2018)

(17.4m)

EBIT (FY, 2018)

(17.3m)

Cash (31-Dec-2018)

23.9m
GBPFY, 2016FY, 2017FY, 2018

Revenue

3.6m7.9m18.6m

Cost of goods sold

3.4m5.6m9.7m

Gross profit

255.3k2.4m8.9m

Gross profit Margin, %

7%30%48%
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

41.065.5k2.8m558.1k5.1m14.1m23.9m

Accounts Receivable

40.048.6k69.1k107.3k574.2k1.9m3.8m

Inventories

Current Assets

81.0114.0k2.9m973.3k6.3m17.1m29.3m
GBPFY, 2016FY, 2017

Net Income

(5.5m)(8.3m)

Cash From Operating Activities

(5.3m)(9.3m)

Cash From Financing Activities

10.0m18.4m

Net Change in Cash

4.5m9.0m
GBPFY, 2012

Financial Leverage

-0.2 x
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Onfido Operating Metrics

Onfido's Customers was reported to be 1.5 k in Sep, 2017.
Sep, 2017Apr, 2020

Countries

60

Customers

1.50 k
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Onfido Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Onfido Online and Social Media Presence

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Onfido News and Updates

MyCash Money picks Onfido to power remittance services with ID verification

MyCash Money, the e-Marketplace specially designed for migrants in Malaysia and Singapore, today announced a new partnership with Onfido, the global identity verification and authentication company, t

Curve recruits Onfido for customer onboarding

Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has today announced it has partnered with Onfido, the global identity verification and authentica

Onfido posted a successful Q2, with US sales accelerating 264% YoY

This story was delivered to Insider Intelligence Fintech Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here. The digital identity verifica…

Indian cryptoexchange CoinDCX taps Onfido for KYC and onboarding

CoinDCX, India’s largest and safest cryptocurrency exchange, announced a partnership with global ide...

WorldRemit traps Onfido for identity verification

WorldRemit has today announced a new partnership with Onfido, the global identity verification and a...
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Onfido Blogs

Five essential Figma plugins

There are already too many Figma plugins available to easily find the hidden gems. Below are five I’ve found increasingly essential in my work at Onfido.RedlinesThe Redlines plugin allows you to easily add dimensions and spacing to your mockups in a visible way. The usefulness of this really depends…

Building a culture of accessibility at Onfido

At Onfido, we help businesses verify people’s identities via our integrated app. Using pictures of identity documents and faces, we give our clients the assurance they need to onboard customers remotely and securely.Access is at the heart of everything we do. Our entire product is about giving peopl…
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Onfido Frequently Asked Questions

  • When was Onfido founded?

    Onfido was founded in 2012.

  • How many employees does Onfido have?

    Onfido has 417 employees.

  • What is Onfido revenue?

    Latest Onfido annual revenue is £18.6 m.

  • What is Onfido revenue per employee?

    Latest Onfido revenue per employee is £44.6 k.

  • Who are Onfido competitors?

    Competitors of Onfido include PXL Vision, Checkr and HireRight.

  • Where is Onfido headquarters?

    Onfido headquarters is located at 3 Finsbury Ave, London.

  • Where are Onfido offices?

    Onfido has offices in London, Alexandria, New York, San Francisco and in 2 other locations.

  • How many offices does Onfido have?

    Onfido has 6 offices.