Verihubs (Founding)

Funding Details
Awarder
YCombinator
Date Award
July 27, 2021
Vertical
B2B,Engineering, Product and Design
Funding URL
View Funding Page
Valuation
$0

Company Info
Founding Year
2021
Company Description
Verihubs is an Identity and Risk Decision Platform for Indonesia. We have helped more than 290 leading enterprises/startups in multiple sectors including banks, fintech, e-commerce, insurance and other digital sectors to prevent fraud occurrences. Ranked #1 in Indonesia by the National Institute of Standards and Technology (NIST) in terms of performance and accuracy, our AI-based face recognition (FR) technology became a staple in fraud prevention in this new era of digital acceleration. Our solutions have been trusted by BCA—the largest private bank in Indonesia, IFG (one of the largest state-owned insurance), Commonwealth Bank, Maybank, Bukalapak, FAZZ, ULA, and many other industry leaders. The pandemic has accelerated the digital development and adoption of products, services, and processes by 4-7 years according to recent studies. However, the verification solutions and related data to meet these digital needs are still so behind the ideal mark. We at Verihubs are on a mission to build an all-inclusive automated and instant verification platform for Indonesia.
Market
B2B
Location
Jakarta, Jakarta, Indonesia
Coinvestors
YCombinator

Links
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