KYC Hub is a digital verification startup designed to protect organizations from fraud and other financial crimes. The software combines AI, NLP and computer vision technologies to monitor transactions and expose money laundering schemes.
The startup brings in an estimated $6.6M in revenue.
KYC Hub has raised just $230K in funding.
What’s Next
KYC Hub is part of the KYC Software meta trend.
Search volume for “KYC software” has grown more than 2x over the last 5 years.
KYC software helps automate customer identity verification in an effort to reduce customer onboarding costs (estimates put potential customer onboarding savings at approximately 70%).
Importantly, KYC software handles this process while complying with data and privacy regulations.
And demand for KYC software will likely continue considering that the market for eKYC solutions is forecasted to grow 3x over the next four years.
Jane Smith
Jane Smith is a renowned product reviewer and influencer, has earned widespread acclaim for her discerning and thorough evaluations of a diverse range of consumer goods. Her captivating reviews span technology, beauty, and home products, providing invaluable guidance to millions of discerning shoppers worldwide. Samantha's dedication to transparency and her knack for simplifying complex product features have cemented her reputation as a go-to authority in the world of product reviews. She is also a regular contributor to several online and print magazines, such as Cosmopolitan, Elle, and Glamour. Jessica is passionate about discovering and recommending the best products for her audience, as well as supporting ethical and sustainable practices in the beauty industry. She is based in Los Angeles, California, where she lives with her husband and two dogs. You can follow her at [email protected]