iDenfy, a leading global RegTech service provider for tools like Know Your Customer (KYC), Anti-Money Laundering (AML), and Know Your Business (KYB) verification, is excited to announce the opening of its newest office in Delaware, USA. This expansion is an important step in iDenfy’s journey to strengthen its presence in North America and better serve its growing client community with innovative AI tools tailored to meet the unique demands of the US compliance market.
With an increasing number of customers across the US, iDenfy understands the importance of being closer to its customers to meet their unique legal and compliance needs. The new office will allow iDenfy to provide more personalized support and customized solutions that meet the specific requirements of US-based companies. According to Domantas Ciulde, the CEO and Co-Founder of iDenfy, this is a huge step for their RegTech platform since its primary headquarters were opened in Kaunas, Lithuania, in 2017.
Currently, the company has over 50 in-house specialists, including compliance officers, developers, marketing experts, and other key roles. With the new office and plans to accelerate growth in 2025, iDenfy’s team is set to expand even further. iDenfy will also increase its local team in the US. The company is focused on hiring compliance and partnership enablement specialists, further strengthening its ability to deliver cutting-edge solutions while maintaining the highest trust and innovation standards.
Part of iDenfy’s success, especially with no outside help from investors, according to Domantas Ciulde, is transparent communication with all team members, giving opportunities to achieve new personal career goals while building RegTech products from scratch. For example, iDenfy doesn’t outsource IT specialists, and most of their front and back-end developers have been working in the company for at least three years, which is the stage where the company increased its service package significantly and added vital tools like KYB verification, automated risk assessment, bank verification, and others, uniquely tailored to different industries.
For example, identity verification now has multiple use cases, and iDenfy wanted to keep up with the potential of the technology, making it even better on their platform. When looking into the US market, stricter regulations, such as age verification requirements for age-restricted service providers or even social media sites, have already become mandatory in some states, opening new capabilities to partner with online platforms and offer them robust, user-friendly solutions. iDenfy’s advanced identity verification system is developed to analyze and recognize face biometrics to verify individuals' age, ensuring compliance with these new regulatory standards.
The same goes for digital asset service providers or fintech platforms that need to check different data points about the user and, sometimes, implement address verification checks or extra proof of income verification steps, depending on the level of due diligence. iDenfy’s solution is fully customizable, and, according to Domantas Ciulde, they’re ready to provide the required building blocks in the US market.
“We’ve experienced significant growth in North American customer demand, especially in industries with stringent regulatory requirements,” said Domantas Ciulde. “The opening of the Delaware office allows us to more effectively meet these legal requirements and, more importantly, build strong long-term relationships with our partners in the US.”
iDenfy is already certified by the California Consumer Privacy Act (CCPA), showcasing its commitment to privacy and compliance with stringent U.S. data protection laws. The platform’s adaptability is further reinforced by a focus on customizable user interfaces, enhancing partners experiences across industries such as fintech, e-commerce, and blockchain.
It’s worth mentioning that the Delaware office will serve as a key hub for collaboration and future growth, reflecting iDenfy’s commitment to setting the standard for identity verification and fraud prevention globally. Currently, iDenfy is one of the few AI-powered solution providers that offers KYC, KYB, and AML features in a single dashboard
