Asset Manager

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Incode Technologies

Incode Technologies, founded by Ricardo Amper, has processed 7.1 billion identity trust checks and protects Citi, Equifax and Experian from AI-driven...

Incode Technologies

AI-powered identity verification and fraud prevention for the world’s leading companies. Secure onboarding, authentication, and KYC compliance.

General information

Firm type

Asset Manager

Year founded

2015

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

101 Mission St, Suite 900, San Francisco, CA 94105, United States

Additional offices

New York, United States · Belgrade, Serbia · Mexico City, Mexico · Madrid, Spain · London, United Kingdom · Bogotá, Colombia · Tel Aviv, Israel · Barcelona, Spain

Principals

Ricardo Amper

Founder & CEO

Jovan Jovanovic

Chief Technology Officer

Alex Golunov

Head of AI

Roman Karachinsky

Chief Product Officer

Jesse Franklin

Chief Financial Officer

Jose Baltazar

Chief Business Operations Officer, Head of North America

Sector focus

Enterprise SoftwareAI/MLCybersecurityFinTechRegTech

Frequently asked questions

Who runs investment decisions at Incode Technologies?

Incode is a venture-backed private operating company, not a family office or fund manager. Corporate governance and capital-allocation decisions sit with Founder & CEO Ricardo Amper and the executive team, with oversight from its financial backers. The firm raised a Series B that gave it a $1.25 billion valuation in 2021, but the identities of its institutional investors are not publicly detailed on the firm's website.

Is Incode a financial services firm or a technology company?

Incode is a technology company that sells AI-powered identity-verification and anti-fraud software to financial institutions and large enterprises. It does not manage third-party capital nor deploy a balance sheet as an investment vehicle. The confusion arises because its core customers — Citi, Equifax, Experian, Banco Dondé — are heavily regulated financial firms.

Which sectors does Incode’s product serve?

Its platform targets financial services, banking, fintech, insurance and any enterprise that must perform KYC/AML compliance or high-assurance identity verification at scale. The firm's website also highlights a newer practice called Agentic Trust, designed to authenticate autonomous AI agents — a signal that it is expanding into software infrastructure for the AI economy.

How does Incode source its AI training data?

Incode builds its models on an internal data network the firm says includes more than 400 million identity profiles and processes over 4.1 billion identity checks annually. This closed-loop data advantage — biometric and document signals collected across its global customer base — is the main differentiator the firm claims enables it to stay ahead of deepfake and synthetic-identity fraud.

What is Incode’s posture on data privacy and biometric storage?

Incode states that its technology is designed so that sensitive biometric data is processed without being stored on customer-owned infrastructure, a model intended to simplify global compliance obligations for banks and fintechs. The firm also holds iBeta Level 1 and Level 2 certifications for passive liveness detection, which independently confirm that its software resists sophisticated presentation attacks.

How is Incode related to AuthenticID?

Incode acquired AuthenticID in 2024. AuthenticID adds complementary biometric and document-authentication technology and strengthened Incode's sales footprint in North America. The two brands continue as part of a single Incode product suite.

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