It all started with the realization companies don’t have a handle on online ID checks. Now we help businesses of all sizes verify the person behind the account.
Connecting companies with honest people is just the first step. One day the world will be ready for a single digital identity that transcends borders, and gives people rightful ownership of their data. Until then, our identity verification flows are there to nip fraud in the bud. No device, browser, market, or language left behind.
Growing up on a farm, hay bales were a staple of Kaarel Kotkas’s childhood. At the age of 14, he noticed that the strings that bound them did not biodegrade, and often ended up littered across the fields of the otherwise pristine landscape of rural Estonia.
Kaarel set out to find an environmentally-friendly alternative, and after browsing the web he came across the perfect string (it also came in his favorite color). As he registered an account on arguably the biggest global online marketplace, he was asked to verify that he was over 18. After a little photo editing, he breezed through their security and was able to buy the string.
While his mission was a success, Kaarel couldn’t stop thinking about how easy it was to pretend to be someone else online. If successful companies are this vulnerable to fraud, then smaller businesses don’t stand a chance. This early experience planted the seed that would one day grow into Veriff.
Kaarel founded Veriff in 2015 at the age of 20. Shortly after, it popped up on the global radar and in 2018 it joined the Y Combinator spring batch. Fast forward to now, Veriff has over 360 employees and serves over 190 countries as the gold standard for online identity verification.
Founder and Chief Executing OfficerRead more
Co-Founder and Chief Product OfficerRead more
Chief Technology OfficerRead more
Chief Operating OfficerRead more
Chief Financial OfficerRead more
Chief Marketing OfficerRead more
Senior Vice President of CommercialRead more
Vice President of EngineeringRead more
Vice President of PeopleRead more
Vice President of ProductRead more
Vice President of Legal and ComplianceRead more
Vice President of VerificationsRead more
Vice President of Global RevenueRead more
We are always on the lookout for like-minded Veriffians to join our mission. If defeating online fraud is a topic close to your heart, we want to hear from you.
Former marketing leader at Qualtrics joins Veriff’s executive team as CMO to expand strategic marketing initiatives across the globe.
The actual process of monitoring transactions depends on the services your business provides. However, generally speaking, in order to monitor financial transactions, a company will create a rules-based system that’s based on their needs.
Between June 2020 and June 2021, instances of identity fraud increased by 19%. Due to this, it’s clear that identity fraud is a serious cause for concern and that businesses must have proper fraud and identity management processes in place to counter this growing threat.