Details

Last Funding Type

Series B

Last Funding Money Raised

$40M

Industries

Compliance,FinTech,Fraud Detection,Identity Management,SaaS

Founded date

Jan 1, 2015

Number Of Employee

251 - 500

Operating Status

Active

Alloy is a developer of an identity verification platform used to check frauds and make identity management effective and simple for banks and financial institutions. Alloy is an API for regulated companies to collect and manage customer data from many different sources. It also engages in helping financial institutions and FinTech companies solve identity and compliance problems. The service allows banks and FinTechs to make better risk and identify decisions, using a single API and dashboard to manage AML, fraud, KYC, and more.

The company also offers an API to help financial services companies access various aggregated identity databases and a dashboard through which to organize and analyze customer onboarding data. It also helps to improve customer conversion through the compliance funnel, reduce risk and fraud, and speed up previously manual back-office processes.

Alloy was founded in 2015 and is headquartered in New York.