KYC & Identity Verification for Fintechs

Identity verification is the gatekeeper of fintech compliance. With regulatory requirements tightening globally, choosing the right KYC provider is critical.

Onfido (now part of Entrust) offers AI-powered document verification and biometric authentication. Its strength is in global coverage — supporting thousands of document types across 195+ countries — and a low-friction user experience.

Alloy takes an orchestration approach, connecting multiple identity data sources — document verification, watchlist screening, credit data, and more — into a single decisioning workflow. This is ideal for fintechs that need to compose custom KYC/KYB rules rather than use a one-size-fits-all solution.

Persona specializes in flexible identity verification with a focus on automation and workflow customization. Its court at the top of the funnel makes it popular with fintechs that need to verify both individuals and businesses.

For simpler use cases, Stripe Identity offers embedded KYC that integrates seamlessly with existing Stripe payments infrastructure — a strong choice if you're already on Stripe.

Key evaluation criteria: document coverage by region, biometric liveness detection quality, AML/sanctions screening integration, orchestration capabilities, and the ability to handle both individual and business verification.