Authenteq - an FNZ company

company

About

Authenteq is the world’s first fully automated KYC identity verification platform. Verify identities instantly, onboard users in 35 seconds.

Details

Last Funding Type
Grant
Last Funding Money Raised
€50K
Industries
Artificial Intelligence,Banking,Blockchain,Cryptocurrency,FinTech,Fraud Detection,Insurance,Privacy,Software,Wealth Management
Founded date
Jan 1, 2015
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
FNZ Group Technologies Ltd (formerly Authenteq Tarbena GmbH)
Also Known As
Authenteq ID ,Authenteq Tarbena

Authenteq is now part of FNZ Group, the leading global wealth management platform.

➤ Authenteq is the world’s first fully automated identity verification platform. Their AI-powered eKYC® system allows companies and service providers to onboard users in just 35 seconds with a verification process that requires only one piece of government-issued ID and a selfie (while liveness check and face match happening simultaneously). Over 9,813 government-issued photo IDs from nearly 250 countries and territories and 138 languages and dialects, can be verified as authentic in less than a minute. Built on the seven key principles of Privacy by Design, fully GDPR compliant and ISO 27001 certified, Authenteq offers a safe and secure approach to identity verification at scale.

➤ FNZ deploys personalized propositions at scale across the financial services industry (Banks, Insurance, Wealth Management). FNZ’s fully managed digital customer onboarding, servicing and compliance enable clients to reduce complexity, ensure the integrity of their customer base by fighting fraud & identity theft, and effectively allowing them to focus on delivering better end-investor experiences and growing wealth. FNZ combines technology, infrastructure and investment operations in a single state-of-the-art platform. Learn more about how financial institutions globally take their organizations to the next level by going fully digital on their customer onboarding and activation, KYC and AML compliance, regulatory reviews, customer administration and servicing, and so much more with ''FNZ Onboarding and Compliance-as-a-Service'' end-to-end solution.

Learn more about FNZ - https://fnz.com/
and ''FNZ Onboarding & Compliance-as-a-Service'' fully digital solution - https://onboarding.fnz.com/

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
€1.20M $6.40M
Authenteq - an FNZ company has raised a total of €1.20M $6.40M in funding over 2 rounds. Their latest funding was raised on Jun 18, 2021 from a Funding Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 18, 2021 Funding Round €650K 2 Draper Associates Detail
Jan 14, 2019 Series A $5M 3 3VC
Draper Associates
Detail
Nov 28, 2017 Seed $1.30M 3 Draper Associates
Initial Capital
Detail
Jul 1, 2017 Grant €50K 2 EASME - EU Executive Agency for SMEs Detail
Mar 1, 2016 Grant €458K 1 Technology Development Fund Detail

Investors

Number of Lead Investors
Number of Investors
7
6
Authenteq - an FNZ company is funded by 6 investors. Draper Associates and Initial Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Draper Associates Yes Funding Round
Initial Capital Yes Seed
EASME - EU Executive Agency for SMEs Yes Grant
Technology Development Fund Yes Grant
3VC Funding Round
Cavalry Ventures Series A

Employee Profiles

Number of Employee Profiles
4
Authenteq - an FNZ company has 4 current employee profiles, including Board member Alvaro Álvarez del Río