APLYiD

Functionality

KYC Aggregator

Description

APLYiD is a KYC aggregator with a managed service, catering to a wide range of industries globally.
New Zealand
28

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Bio

Founded in 2018 by Russell and Claudia Smith, APLYiD is a regtech with a global presence, serving clients across the UK, New Zealand, Australia, and Europe. The platform is designed to streamline and enhance KYC and AML processes through advanced technologies like OCR, biometric verification, and anti-tampering tools. The company’s focus on quality over quantity has resulted in a platform that is not only easy to use but also highly effective in combating fraud and ensuring compliance.

Year Founded

2018

Locations

UK, New Zealand, Australia, Europe

Key Market

Financial Services & Property

Features

KYC

Managed Service

Property Checks

Screening

Market Focus

Segmentation

  • Mid market
  • Enterprise

Target Markets

  • Financial Services,
  • Professional Service (law & accounting)
  • FinTechs
  • Property firms & PropTechs
  • Vehicle Hire
  • RegTechs

Local Group

Data sources and Integrations

Market Map

Strengths

  • Only charges upon completion, with free customer support
  • Outsourced team available for end-to-end AML onboarding
  • High-quality EID&V flows, better than competitors like SumSub and Onfido

Weaknesses

  • More expensive compared to competitors
  • Limited to EID&V; lacks broader AML onboarding features like Source of Funds (SoF), risk assessments, e-signatures
  • KYB functionality is in development

Pricing

  • Minimum commitment required, based on volume
  • No upfront fees, no hidden costs
  • Charges only on completed checks, no platform fees
  • Free customer support

Aventine Rating

Aventine Comment

Good KYC flows, with focus on quality. Great for volume based onboardings but not b2b or anything complex

Raised

N/A

Round Details

Executives

Russell Smith
CEO - Co-Founder
Claudia Smith
CROO - Co-Founder
N/A