OverviewSuggest Edit

Sumsub is an independent developer of solutions for remote identification and verification of customers, partners and employees. It creates AI solutions, which help identify customers, partners and employees online, enabling Internet services to protect their users from fraud, avoid being caught in money laundering schemes, and comply with identification requirements mandated by law in a simple and practical way.

TypePrivate
Founded2015
HQLondon, GB
Websitesumsub.com

Latest Updates

Employees (est.) (Jan 2022)152(+17%)
Cybersecurity ratingBMore
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Key People/Management at Sumsub

Vyacheslav Zholudev

Vyacheslav Zholudev

Co-Founder & Chief Technical Officer
Andrey Severyukhin

Andrey Severyukhin

Founder & Chief Executive Officer
Jacob Sever

Jacob Sever

Co-Founder & Chief Product Officer​
Peter Sever

Peter Sever

Founder & Chief Product Officer
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Sumsub Office Locations

Sumsub has offices in London, Wien, Tel Aviv-Yafo, Saint Petersburg and in 1 other location
London, GB (HQ)
Continental Approach
Wien, AT
Praterstraße 1
Tel Aviv-Yafo, IL
Aluf Kalman Magen St 3
Seongnam, KR
1st floor, Building 3, Startup Campus 20 Pangyo-ro
Saint Petersburg, RU
9 Line Of Vasilievsky Island 34, St Petersburg
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Sumsub Financials and Metrics

Summary Metrics

Founding Date

2015

Sumsub total Funding

$7.5 m

Sumsub latest funding size

$6 m

Time since last funding

a year ago

Sumsub investors

Sumsub's latest funding round in September 2020 was reported to be $6 m. In total, Sumsub has raised $7.5 m
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Sumsub Revenue

Cash (31-Jul-2017)

2.4k
GBPFY, 2016FY, 2017

Cash

100.02.4k

Current Assets

100.02.4k
FY, 2016

Financial Leverage

1 x
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Sumsub Operating Metrics

Sumsub's Customers was reported to be 600 in Sep, 2020.
Sep, 2020

Countries Covered

200

Customers

600

Identity Documents Analyzed

6.5 k
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Sumsub Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Sumsub Online and Social Media Presence

Embed Graph

Sumsub News and Updates

Sumsub releases KYC platform to small and medium businesses

Sumsub, a startup that fights money laundering and online fraud, has launched the first Self-Start Service and offers new identity verification plans for small businesses.

Spoko and Sumsub team on secure money transfers

Instant money transfers company, fintech Spoko.app, announced their partnership with Sumsub, an ID verification company with bank-grade security.

Sumsub moves to boost onboarding pass rates

Sumsub, a startup that helps companies fight money laundering and online fraud, has invested over $1M in software development—aiming to deliver leading tech for over 1000 global clients.

CoinPayments pick Sumsub KYC tech

The world’s largest cryptocurrency payments processor, CoinPayments, today announces its collaboration with Sumsub, an identity verification platform that provides an all-in-one technical and legal to

Legal IT Newswire: Sumsub and Blackmoon Partner for an AI-Powered Compliance Exchange Solution

Blackmoon and Sumsub are joining efforts to meet the FATF requirements for a secure and compliant crypto to fiat exchange environment. Sophisticated compliance and anti-fraud solution enabled Blackmoon to upgrade and secure the process of […]

Legal IT Newswire: Exness partners up with Sumsub for fraud protection assistance and globally inclusive AML compliance

Scalable automated solution Sumsub provides trading market giant Exness with a unified gate to general AML/KYC due diligence, and regulatory compliance, slashing costs in half. Companies in the financial sector confront many challenges to develop […]
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Sumsub Blogs

China’s Personal Information Protection Law (PIPL): Is Your Business Ready for It?

China’s Personal Information Protection Law (PIPL) came into force on November 1st, 2021. The law establishes strict rules on handling the personal data of Chinese citizens and sets immediate compliance requirements. Large international tech companies will likely be affected the most, as they have t…

What’s money muling and how does it affect businesses?

Money muling is a form of money laundering where criminals employ other individuals to move illicit funds. COVID-19 has led to widespread unemployment, which has made it easier for criminals to recruit money mules. In 2020, authorities identified over 100,000 money mules in the UK and US alone. Most…

How to Comply with Mexico’s FinTech Law

Being one of the largest fintech markets in the region, Mexico has been working on reforms regarding the financial inclusion strategy since 2015. The main goal of these initiatives is to transition from traditional payment methods to electronic and mobile ones. Accordingly, Mexico has become the fir…

How The New Estonian AML Act Affects Virtual Currencies [Updated December 2021]

On September 21st, 2021, the Estonian Ministry of Finance published a draft law to amend the Money Laundering and Terrorist Financing Prevention Act (the AML Act). The bill is currently in the inter-agency consultation phase but is scheduled to take effect on February 1st, 2022. March 18th, 2022 is …

What Makes an AML Compliance Program Effective?

The financial industry requires compliance with local, state, and international anti-money laundering (AML) standards. This promotes effective implementation of legal, regulatory, and operational measures aimed at combating money laundering, terrorist financing, and other threats to the integrity of…

The 5 Most Important AML Updates of 2021

Countries all over the world are constantly amending their AML regulations to to counter the latest money laundering and terrorist financing strategies. Recent innovations like non-fungible tokens (NFTs) and stablecoins—while generating considerable hype and investment—have presented new security ch…
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Sumsub Frequently Asked Questions

  • When was Sumsub founded?

    Sumsub was founded in 2015.

  • Who are Sumsub key executives?

    Sumsub's key executives are Vyacheslav Zholudev, Andrey Severyukhin and Jacob Sever.

  • How many employees does Sumsub have?

    Sumsub has 152 employees.

  • Who are Sumsub competitors?

    Competitors of Sumsub include Movenda, Sterling and Neurotechnology.

  • Where is Sumsub headquarters?

    Sumsub headquarters is located at Continental Approach, London.

  • Where are Sumsub offices?

    Sumsub has offices in London, Wien, Tel Aviv-Yafo, Saint Petersburg and in 1 other location.

  • How many offices does Sumsub have?

    Sumsub has 5 offices.