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Onfido is 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 ecommerce, healthcare, and telecommunications industries.

TypePrivate
Founded2012
HQLondon, GB
Websiteonfido.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2019)244(+12%)
Revenue (FY, 2019)£27.6 M(+49%)
Cybersecurity ratingAMore

Key People/Management at Onfido

Mike Tuchen

Mike Tuchen

Chief Executive Officer
Ruhul Amin

Ruhul Amin

Co-Founder
Robert Humphrey

Robert Humphrey

Chief Marketing Officer
Eamon Jubbawy

Eamon Jubbawy

Co-Founder and Chief Operating Officer
Kevin Trilli

Kevin Trilli

Chief Product Officer
Thomas Ammirati

Thomas Ammirati

Chief Revenue Officer
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Onfido Office Locations

Onfido has offices in London, Albuquerque, Alexandria, New York and in 10 other locations
London, GB (HQ)
3 Finsbury Ave
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
Singapore, SG
109 North Bridge Rd
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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

10 months ago

Onfido investors

Onfido's latest funding round in August 2020 was reported to be $6.5 m. In total, Onfido has raised $216 m
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Onfido Revenue

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View revenue for all periods
Onfido's revenue was reported to be £27.56 m in FY, 2019 which is a 48.2% increase from the previous period.
GBP

Revenue (FY, 2019)

27.6m

Revenue growth (FY, 2018 - FY, 2019), %

48.2%

Gross profit (FY, 2019)

18.9m

Gross profit margin (FY, 2019), %

68.7%

Net income (FY, 2019)

(26.1m)

EBIT (FY, 2019)

(26.5m)

Cash (31-Dec-2019)

15.6m
GBPFY, 2017FY, 2018FY, 2019

Revenue

7.9m18.6m27.6m

Revenue growth, %

135%48%

Cost of goods sold

5.6m9.7m8.6m

Gross profit

2.4m8.9m18.9m
GBPFY, 2017FY, 2018FY, 2019

Cash

14.1m23.9m15.6m

Accounts Receivable

1.9m3.8m7.2m

Prepaid Expenses

258.9k856.9k1.5m

Current Assets

17.1m29.3m25.6m
GBPFY, 2017FY, 2018FY, 2019

Net Income

(8.3m)(1.7m)(26.1m)

Depreciation and Amortization

108.3k347.8k619.1k

Accounts Payable

767.7k6.4m9.1m

Cash From Operating Activities

(9.2m)(11.7m)(13.5m)
GBPFY, 2017

Revenue/Employee

53.3k

Financial Leverage

1.1 x
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Onfido Operating Metrics

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

Countries

60

Enterprise Customers

1.5 k1.5 k

Trademark Applications

1

Trademarks (US)

2
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Onfido Acquisitions / Subsidiaries

Company NameDateDeal Size
Onfido GmbH
Onfido Inc
Onfido Pte Ltd
Onfido SAS
Onfido Services India Private Ltd
Onfido Unipessoal Ltd

Onfido Revenue Breakdown

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Onfido revenue breakdown by geographic segment: 84.8% from UK, 14.8% from United States and 0.4% from Other

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

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.

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.

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 returns £5 million grant to business banking bailout fund

Onfido has paid back a £5 million grant to the Banking Competition Remedies fund after deciding to focus on its core identity verification business.

Instapay and Onfido partnership to provide secure onboarding experience

Digital payment platform Instapay recently announced it’s partnership with global identity verification company Onfido, to help onboard customers into their e-wallet product via a seamless process. Through this partnership, customers will now able to sign up by simply uploading a selfie and photo…

Increased Use of Digital Accounts During COVID But New Customers Remain Concerned about Privacy and Security

Today we announced the results of our survey “Customer attitudes to digital identity: meet the expectations of tomorrow” which evaluated the online behavior of over 4,000 respondents in the United States, United Kingdom, France and Germany in August 2020. The survey found that the majority of consum…
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Onfido Blogs

Improving User Experience in Identity Proofing

Modified from photo by Sound On from PexelsNow, if there’s anything we can all agree on, it’s that 2020 was not a normal year by any means. The world changed, and as the physical world stood still, the digital world accelerated. Our work, personal, and family lives all came crashing together — from …

Migrating ~600 files to TypeScript

Co-authored by Mario Cardoso and Andre Rabello.The Operations Tools team in Onfido handles a lot of repositories. Being “the glue” for manual check processing, the domain is large and vast. Front-end projects were written in JavaScript and while there was some Flow types, they weren’t first-class ci…

Taming The Beast — Refactoring to empower teams

Taming the Beast — Refactoring to Empower TeamsOne day I stumbled onto a ticket from the website team that was open for several days. The ticket was for a simple change, to enable file compression.The comments went back and forth. First we would try something, then we would ask someone else to test.…

Distributing compiled iOS Swift static libraries and Swift static frameworks

Great libraries are ones that are easy to consume. They must be easy to install and use. So how can we make Swift static libraries easy to… Continue reading on Onfido Tech »

Dependency injection in iOS and Swift using Swinject and SwinjectStoryboard

Most apps that we build for iOS rely on some functionality developed and serviced by another provider. For example allowing you to login… Continue reading on Onfido Tech »

Building Multi-Cloud Machine Learning Platform using Kubernetes and Kubeflow

Over the past few years, we’ve invested significant effort into building better research infrastructure for our team Continue reading on Onfido Tech »
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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 Robert Humphrey.

  • How many employees does Onfido have?

    Onfido has 244 employees.

  • What is Onfido revenue?

    Latest Onfido annual revenue is £27.6 m.

  • What is Onfido revenue per employee?

    Latest Onfido revenue per employee is £113 k.

  • Who are Onfido competitors?

    Competitors of Onfido include IDNow, PXL Vision and Checkr.

  • Where is Onfido headquarters?

    Onfido headquarters is located at 3 Finsbury Ave, London.

  • Where are Onfido offices?

    Onfido has offices in London, Albuquerque, Alexandria, New York and in 10 other locations.

  • How many offices does Onfido have?

    Onfido has 14 offices.