Who is iDenfy

Did you know that when artificial intelligence was found in 1956, scientist Marvin Minsky was very optimistic about its future? Well, at iDenfy, we have a similar mindset – we think big and act boldly. 

Thanks to emerging technology and the coolest geek squad, we have created a global digital identity verification and fraud prevention platform helping organizations comply with the ever-evolving Know Your Customer (KYC), Anti-Money Laundering (AML) regulations.

Our innovative end-to-end fraud prevention ecosystem is designed to detect and prevent cybercrime in real-time without the hassle. We use the power of liveness detection, biometrics, artificial intelligence, and our professional in-house experts’ team to support every business’ needs – from small startups to high-end enterprises. 

How iDenfy started

Let’s get acquainted, shall we? iDenfy, like most great combos – vanilla and chocolate or pizza and cola – was born out of two remarkable, like-minded childhood friends who shared a vision, passion, and determination.

In the late summer of 2016, two friends, Domantas Čiuldė and Gediminas Ratkevičius sat out on a journey to make the digital world a safer place. As with most tech start-ups, the original idea was slightly different. Having witnessed the rise of increasing online fraudulent activities in payments, founders pitched their business vision to potential clients. Followed by several failed attempts, they realized they were not thinking big enough.

How things are going

Having a strong, motivated team is essential. Our community expanded tremendously along with the long list of innovative ideas. At the moment, we’re proud to be part of 40 passionate, hard-working individuals. We won’t lie; our gang is crazy about technology and willing to fight against fraud in this hectic cyber world. 

We’ve started by developing our remote, AI-powered identity verification service. We didn’t want to stop here! Our team has presented multiple fraud prevention solutions throughout the years, helping every company – from small enterprises to large-scale businesses – build a safer digital future. 

Our expertise in the global fraud prevention world didn’t go unnoticed. We were recognized as the best “Fintech Startup” in 2020. The following year, our team collected the Baltic Assembly Prize for innovation.