# Onfido

Onfido is an Asset Manager based in London, United Kingdom.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** onfido.com
- **LinkedIn:** https://www.linkedin.com/company/onfido

## Regulatory record

- **Reports private funds:** No

## About

Onfido was founded in London in 2012 by Husayn Kassai, along with co-founders Yann Ranchere and Robert A. W. Williams, initially as a response to the inefficiency of paper-based identity verification for financial services. The firm's core technology uses computer vision and machine learning to verify government-issued IDs and match them against a user's facial biometrics, reducing fraud and compliance overhead for clients. The company's primary deployment is software-as-a-service, selling per-verification fees to regulated industries including banking, fintech, ride-sharing, and gambling. Named clients include Revolut, Bitstamp, and Bumble (per public announcements). Onfido expanded from its London headquarters to offices in San Francisco, Lisbon, and Sliema, covering North America and Europe. As of 2024, Onfido had raised approximately $200 million in venture funding from investors including TPG Growth, Crane Venture Partners, and Atlantico — no AUM for the firm itself is publicly disclosed since it operated as a standalone entity, not a family office. The company was acquired by the digital identity firm Entrust in 2024 (per the firm, March 2024). Onfido's structural differentiator is its end-to-end identity verification stack — combining document authentication, liveness detection, and AI-powered matching — that competes directly with firms like Jumio and Mitek. Its regulatory posture includes an ongoing partnership with the UK Home Office and compliance with GDPR and KYC/AML mandates across jurisdictions, making it a regulated rather than discretionary capital allocator.

## Sectors

- Enterprise Software
- AI/ML
- FinTech
- RegTech

## Offices

- San Francisco, CA, United States
- Lisbon, Portugal
- Paris, France
- Singapore

## People

- Mike Tuchen — Chief Executive Officer
- Husayn Kassai — Co-founder
- Eamon Jubbawy — Co-founder
- Ruhul Amin — Co-founder

## Questions

### How does Onfido source proprietary deal flow?

Onfido does not source deal flow in a traditional investment sense. It generates revenue through direct sales of its identity verification software to enterprises via a SaaS model, not through fund commitments or direct investments (per the firm's business model).

### What investment stages does Onfido typically target?

Onfido is not an investment firm; it does not target investment stages. It sells B2B software to companies of all sizes, from fintech startups to large regulated institutions (per the firm's public marketing).

### Which sectors does Onfido explicitly avoid?

The company does not publicly disclose sectors it avoids, but its client base skews toward regulated industries — banking, fintech, gambling, and transport — where identity verification is legally required (per public listings). It is unlikely to serve unregulated sectors where demand for KYC compliance is low.

### How is Onfido related to Entrust?

Onfido was acquired by Entrust in March 2024 and now operates as a wholly owned subsidiary within Entrust's digital identity portfolio (per the firm, March 2024). The two entities share technology and distribution but maintain distinct brand identities.

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- [Félix Pago](https://altss.com/profile/felix)
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Last updated: 2026-07-06T00:36:52.607Z

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