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Shufti Pro Celebrates 4-year Journey of Global Expansion

Industry: Technology

Shufti Pro has successfully completed 4 years of fighting digital identity fraud and resulting financial crimes through it’s AI-powered ID verification services.

London, United Kingdom (PRUnderground) October 28th, 2021

Digital KYC, AML and KYB solutions provider Shufti Pro will be marking its 4th anniversary on October 31st, 2021 as one of the leading identity verification service providers, announced the company in a recently published report.

Since its launch in 2017 as a self-funded project, Shufti Pro has grown from a single office in the UK to a team of 100+ professionals operating from regional offices in Cyprus, Sweden, Dubai, and Ukraine. The company has verified millions of identities and is currently catering to the ID verification needs of more than 500 businesses worldwide in industries such as finance and banking, healthcare, education, fintech, cryptocurrency, and e-commerce among others.

Within the last four years, Shufti Pro launched various new IDV products in 230+ countries and territories, the latest being On-Premise Identity Verification, Digital COVID Certificate Verification, and NFC Verification which provides an in-house data residency option, authenticates chip-based ID documents, and verifies covid vaccine certificates, respectively. 

Owing to the streak of innovative products, the company received numerous nominations and awards, including Global Banking & Finance Awards, Stevie Awards, Product Leader Award, and Happiest Customers Award 2021. With an aim to continue global expansion and achieve a zero-second verification speed, the CEO of Shufti Pro Victor Fredung stated, “Our near-future goals include further international expansions in key-markets where we see tremendous potential going forward. Our long-term goal is the same as it’s always been — to build trust between businesses and customers with continuous innovation in the space of identity verification & compliance.”

Expressing his gratitude towards his customers, the CTO said, “We appreciate our customers with active support and reliable services. If you don’t appreciate your customers, someone else will.” 

Shufti Pro became the first global IDV provider to introduce the concept of a 7-day free trial while keeping its pricing public. Owing to streamlined KYC/AML solutions, Shufti Pro acquired a customer satisfaction rate of 92% and was named in the World’s 100 Most Innovative CyberTech Companies for financial services in 2021. The company has also mitigated language barriers by providing the local audience of 100+ countries with native country pages.

About Shufti Pro

Shufti Pro is globally acclaimed for providing a rapid, secure, and compliant means of performing digital identity verification. Its AI-based identity verification services have a remarkable accuracy rate of 98.67% and are offered in 230+ countries and territories. By supporting 3000+ identity documents in 150+ languages, Shufti Pro has proven itself to be ideal for eliminating the risk of digital identity and financial frauds faced by businesses.

For more information:
Damien Martin,
Marketing Executive
Shufti Pro
+44 1225 290329

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