Top Companies in E-KYC Market | Top Key Players Market Overview, Future Scope, Demand, Opportunities | Vantage Market Research

E-KYC is an authentication method used by businesses such as banks, offices, and others. KYC stands for know your customer.

Top Companies in E-KYC Market | Top Key Players Market Overview, Future Scope, Demand, Opportunities | Vantage Market Research
e kyc market

Market Overview:

The Global E-KYC Market was valued at USD 427.1 Million in 2021 and is expected to reach a value of USD 1374.0 Million by 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 21.5% over the forecast period. The electronic or E-KYC technique through which KYC is carried out is known as "Know Your Customer" or "Electronic Know Your Client." Therefore, e-KYC refers to the process where authorized organizations and agents use Aadhaar authentication to authenticate a customer's identity and address digitally. Over the projection period, the target market is expected to grow due to factors including terrorist financing operations and significant financial losses in the Banking, Financial Services, and Insurance (BFSI) industry.

In addition, the target market is anticipated to develop due to the rising importance of compliance management and the rise in identity-related fraud. The banking market segment accounted for the largest revenue share due to the increased use of E-KYC to optimize customer onboarding by validating KYC documents online, enhancing payment collection efficiency, removing documentation from the processing of loan applications, and attempting to prevent identity fraud.

Get Access to Our Free Sample Report:

Some of the key players operating in the E-KYC Market are listed below:

Company Name

Revenue in the US

  • 63 Moons Technologies Ltd

<$5 Million

  • Acuant

$32 Million

  • Au10tix

$17 Million

  • EverCompliant

<$5 Million

  • Financial Software & Systems Pvt. Ltd

$24 Million

  • GB Group

$294 Million

  • GIEOM Business Solutions

$19 Million

  • IDnow GmbH

$84 Million


  1. 63 Moons Technologies Ltd

63 Moons Technologies Limited is a world leader in providing next-generation technology ventures, innovations, platforms, and solutions for creating digital markets and marketplaces that enable price discovery and transaction efficiencies across industry segments. The Company was founded in 1988 and is headquartered in India.

  1. Acuant

Acuant is an identity verification, document authentication, and fraud prevention technology services, provider. The Company specializes in Data Capture, Document Authentication, Identity Verification, Identity Transaction Technology Solutions, Facial Recognition, Identity Proofing, Auto-Fill/ Form-Fill, Mobile Verification, and KYC/AML. The company was founded in 1999 and is headquartered in Georgia.

  1. Au10tix

AU10TIX, an identity intelligence leader in Israel, provides critical, modular solutions to link physical and digital identities so that companies and their customers can confidently connect. The company specializes in KYC, Authentication, Verification, Address Verification, Age Verification, Identity Verification, Document Authentication, NFC Readability, Biometric Authentication, Electronic Identity Data Verification, and Fraud Detection.

  1. EverCompliant

Evers focuses on advanced technology that provides risk intelligence for global enterprises. The Company specializes in Fraud Prevention, Efficiency at Scale, Detects Hidden Risks, Insights, Data Science, Merchant Risk, Merchant Compliance, and Professional Services. The company was founded in 2008 and has headquartered in New York.

  1. Financial Software & Systems Pvt. Ltd

Financial Software and Systems (FSS) is a provider of payment products and a payment processor. The company offers an integrated portfolio of software products, hosted payment services, and software solutions. FSS's end-to-product portfolio includes Card Issuance, Omni-channel Acquiring and Merchant Management, Payment Analytics, Digital Security, Reconciliation and Settlement, and ATM Monitoring and Management. Headquartered in India, FSS is a strategic payments partner for leading global banks, financial institutions, processors, central regulators, and governments across North America, the UK, Europe, the Middle East, Africa, and APAC.

  1. GB Group

GBG is an identity verification, location intelligence, and fraud prevention company. GBG offers software and data that help organizations validate and verify the identity and location of their customers. GBG products are built on data obtained from over 200 global partners. The company was founded in 1989 and is headquartered in the United Kingdom.

  1. GIEOM Business Solutions

Founded in 2012, GIEOM is the world leader in Enterprise Productivity software products. Over the years, GIEOM has launched multiple award-winning AI/ML-based products in Identity Proofing (eKYC), Process mapping, Enterprise Risk Management, and SOP & Policy management. The Company specializes in Technology Transformation, Standard Operating Procedures, Digitization, Digital Change Management, Artificial Intelligence, CKYC Automation, eKYC, Video KYC, Identity Verification, Enterprise Risk Management, Enterprise Policy Management, Machine Learning, Process Mapping, and Corporate Learning Suite. The company was founded in the year 2012 and is headquartered in India. 

  1. IDnow GmbH

IDnow is a leading identity-proofing platform provider in Europe with a vision to make the connected world safer. The IDnow platform offers a broad range of identity verification and document signing solutions combined with a comprehensive service offering. Ranging from automated to human-assisted, from purely online to point-of-sale, the identity proofing methods are optimized to assure the highest security standards with maximum user conversion. The company was founded in the year 2014.

Read Latest Blog Top Companies in Bicycle & Motorcycle Helmets Market:

Do You Have Any Query or Specific Requirements? You may enquire to our sales team before purchase.

Contact us

Eric Kunz

6218 Georgia Avenue NW Ste 1 - 564

Washington DC 20011-5125

United States Tel: +1 202 380 9727

Email[email protected]


Follow Us on LinkedIn:

Follow Us on Twitter: