Shufti Pro Announces $20 Million Series A Funding to Accelerate Growth 

London, UK – March 2022 – A global market leader in AI-powered IDV solutions, Shufti Pro, has announced that it has raised $20 million in Series A funding led by Updata Partners, a tech-focused growth equity firm.

The investment will be used to accelerate Shufti Pro’s global expansion providing additional resources to push their completely automated solution to new markets to help solve organization’s unsatisfactory IDV process, enhance its IDV solutions and extend the company’s compliance suite.

Shufti Pro’s mantra is to provide a seamless digital customer experience when it comes to KYC, and as such the organization provides a diverse range of solutions with identity verification at its core. With the World changing and digital transformation accelerating, digital identity services have become the cornerstone of any organization looking to verify the identity of customers. 

As businesses continue to undergo digital transformation, relying on trusted IDV partners has become more important than ever. As stated by Victor Fredung, the CEO of Shufti Pro, “Nossa plataforma configurável e totalmente automatizada permite que os clientes incorporem um processo de verificação descomplicado, específico para seus objetivos de negócios, e oferece a flexibilidade necessária para atender aos requisitos de privacidade e segurança de dados, incluindo a possibilidade de implantar uma solução local. Nosso objetivo é fornecer a cobertura global exigida por organizações sem fronteiras.”

There is a global need for a flexible and compliant solution for onboarding, background checks and management that operates across borders without the prejudice of regions, business types and languages. The World is calling for a broader solution to its digital crisis and Shufti Pro answers these questions with unique capabilities:

Completa – a solução totalmente automatizada mais avançada. 

Cobertura global sobre diversas capacidades de leitura em todos os principais idiomas. 

configurável Altamente personalizável e especializada em requisitos específicos, nossa solução pode ser instalada localmente, o que representa uma vantagem exclusiva no mercado. Cumprimos até mesmo os requisitos regulamentares mais rigorosos.

The company is already serving 500+ clients globally as per Founder and CTO of Shufti Pro, Shahid Hanif. He further said, "A rodada de financiamento teve como objetivo encontrar um parceiro estratégico com a experiência e o conhecimento relevantes, e acreditamos que o encontramos. Agora podemos desenvolver produtos ainda mais interessantes e solucionar problemas de integração e conformidade enfrentados em todo o mundo.”

Há mais de 20 anos, a Updata, empresa que acredita na criação de resultados excepcionais para clientes, funcionários e acionistas, apoia empreendedores de software B2B com mentalidade de crescimento e que valorizam a eficiência de capital.

“We were impressed by the technology and commercial progress achieved by a bootstrapped business. Shufti Pro is poised to build on this strong foundation and accelerate growth.”– disse Braden Snyder, sócio da Updata Partners.

Sobre o Shufti Pro

Shufti Pro is an identity verification service provider offering KYC, KYB, and AML services to help global businesses onboard and manage risk of legitimate customers. The UK-based company has 5 regional offices and launched 17 different IDV products since its inception in 2017. With the ability to verify ID documents globally in 150+ languages, Shufti Pro is serving customers in 230+ countries and territories.

Para mais informações, 

Graeme Rowe
Diretor de Marketing | Shufti Pro
[email protected]
+ 44 1225290329