OverviewSuggest Edit
Onfido is a company that provides an AI-based ID verification platform. Its technology is designed to complete document verification and confirm that the identification sent by users matches their face, using facial biometrics. The company serves financial services, marketplaces and communities, gaming, transport, retail and e-commerce, healthcare, and telecommunications industries.
| Type | Private | |
| Founded | 2012 | |
| HQ | London, GB | Map |
| Website | onfido.com | |
| Employee Ratings | More |
Key People/Management at Onfido
Mike Tuchen
Chief Executive Officer
Ruhul Amin
Co-Founder
Faisal Chughtai
Chief Financial Officer
Eamon Jubbawy
Co-Founder
Alex Valle
Chief Product Officer
Nate Skinner
Chief Marketing Officer
Onfido Office Locations
Onfido has offices in London, Albuquerque, New York, San Francisco and in 8 other locations
London, GB (HQ)
3 Finsbury Ave
London, GB
77 Farringdon Rd
Puteaux, FR
1 Parvis de la Défense
Gurugram, IN
Platina Tower, MG Road, Near Sikandarpur Metro Station, Sector 28
Lisboa, PT
R. Alexandre Herculano
Évora, PT
P.I.T.E Rua Circular Norte
Onfido Financials and Metrics
Summary Metrics
Founding Date | 2012 |
Onfido total Funding | $216 m |
Onfido latest funding size | $6.55 m |
Time since last funding | 2 years ago |
Onfido investors | Wellington Partners, CrunchFund, TPG Growth, Idinvest Partners, Salesforce Ventures, Brent Hoberman, Microsoft Ventures, Nicolas Brusson, Softbank, Greg Marsh, Plug and Play, Crane Venture Partners, TempoCap, M12, Augmentum Fintech, Fin Venture Capital, Banking Competition Remedies Ltd |
Onfido's latest funding round in August 2020 was reported to be $6.5 m. In total, Onfido has raised $216 m
Onfido Revenue
Onfido's revenue was reported to be £45.41 m in FY, 2020
| GBP | |
|---|---|
Revenue (FY, 2020) | 45.4m |
Gross profit (FY, 2020) | 33.3m |
Gross profit margin (FY, 2020), % | 73.2% |
Net income (FY, 2020) | (33.0m) |
EBIT (FY, 2020) | (34.8m) |
Cash (31-Dec-2020) | 87.1m |
| GBP | FY, 2018 |
|---|---|
Revenue/Employee | 92.4k |
Debt/Equity | 0.7 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.4 x |
Onfido Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Onfido GmbH | ||
| Onfido Inc | ||
| Onfido Pte Ltd | ||
| Onfido SAS | ||
| Onfido Services India Private Ltd | ||
| Onfido Unipessoal Ltd |
Onfido Revenue Breakdown
Onfido revenue breakdown by geographic segment: 74.5% from UK, 22.2% from United States and 3.3% from Other
Onfido Cybersecurity Score
Onfido Online and Social Media Presence
Onfido's Trends
Twitter Engagement Stats for @Onfido
4.5k
Tweets
2.9k
Following
7.2k
Followers
40
Tweets last 30 days
2
Avg. likes per Tweet
82.5%
Tweets with engagement
Onfido News and Updates
October 28, 2021
Simplex selects Onfido for secure identity verification
Simplex, a Nuvei company and one of the largest fiat infrastructures for digital currencies globally, today announced a partnership with Onfido, the global identity verification and authentication provider, to verify customers on its banking service and payment processing platform with AI-powered do…
August 18, 2021
Tiger Brokers selects Onfido to automate customer onboarding
Tiger Brokers (Singapore), the online brokerage, today announced a partnership with Onfido, the global identity verification and authentication company, to automate customer onboarding using Onfido’s AI-powered document and biometric verification solution, to verify users quickly and efficiently whi…
June 27, 2021
AI startup Onfido considers listing in New York instead of London
The British digital identity startup is reportedly considering a stateside IPO over a London listing, due to rapid business growth
The post AI startup Onfido considers listing in New York instead of London appeared first on CityAM.
May 25, 2021
FaceTec and Onfido team on face biometrics
FaceTec, Inc., U.S.-based provider of world-leading 3D Liveness and 3D Face Matching software for remote identity platforms, and U.K./U.S.-based Onfido, a global leader in identity verification, have announced today a partnership to combat the growing problem of digital fraud.
May 11, 2021
Trine taps Onfido for onboarding process
Trine, a Swedish-based investment platform, has partnered with Onfido, the global identity verification and authentication company, to accelerate user onboarding, making it quicker and easier for investors to verify their identity during the onboarding process.
March 17, 2021
Bitex taps Onfido for instant KYC for crypto investors
With volatility emerging as a major concern around digital assets like Bitcoins, implementation of strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures have gained significance.
Onfido Blogs
April 29, 2022
Browser screenshot tool with MediaStream API
ProblemRecently we took on a challenge to create a solution for our Analysts who needed to perform a manual action as part of a traceability process. They needed to verify a user-submitted security code against a UK government database to prove a person’s right to work. Then, they needed to take a s…
April 20, 2022
Chaos Engineering Experiments
The acceptance criteria you should be using for chaos engineering experiments
Continue reading on Onfido Product and Tech »
April 14, 2022
Evaluating design system adoption using custom CSS
One of the more tedious parts of a design system team’s job is auditing for component and token usage in live products. With products often in different states of implementing our design system, part of our job is to find inconsistencies, suggest the use of available components, or offer better uses…
December 23, 2021
Tips for planning a remote Hackathon
In 2020, Onfido held its first remote Hackathon event. We called it “The 2020 Effect,” and invited participants to help shape the impact 2020 would have on Onfido. No one on the committee had planned a remote Hackathon before then. Here are a few of the questions we encountered and how we approached…
October 25, 2021
How we improved our project and file structure in Figma
Like many design teams, Onfido made the transition from Abstract + Sketch, to Figma in the last couple of years. One of the common resistance points internally before making that switch, was Figma’s lack of Git-style branching that Abstract enabled. The design team had come to rely on branching and …
August 23, 2021
ML Ops — a TPM’s guide on how to get started
ML Ops — a TPM’s guide on how to get startedFirst things first — Why am I writing this article?I had my first experience working on deploying a new machine learning model to a live production system two years ago when I joined a high profile project said to be game-changing for our business (no pres…
Onfido Frequently Asked Questions
When was Onfido founded?
Onfido was founded in 2012.
Who are Onfido key executives?
Onfido's key executives are Mike Tuchen, Ruhul Amin and Faisal Chughtai.
How many employees does Onfido have?
Onfido has 244 employees.
What is Onfido revenue?
Latest Onfido annual revenue is £45.4 m.
What is Onfido revenue per employee?
Latest Onfido revenue per employee is £186.1 k.
Who are Onfido competitors?
Competitors of Onfido include Jumio, Yoti and IDNow.
Where is Onfido headquarters?
Onfido headquarters is located at 3 Finsbury Ave, London.
Where are Onfido offices?
Onfido has offices in London, Albuquerque, New York, San Francisco and in 8 other locations.
How many offices does Onfido have?
Onfido has 13 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies