About Xendity
Xendity is a company based in Singapore (Singapore) founded in 2017 was acquired by Green Packet in June 2020.. Xendity offers products and services including Xendity Authentication, ID Scanner, Face Recognition, Document Scanner, and AML/CFT Screening. Xendity operates in a competitive market with competitors including BitGo, Onfido, IDfy, Digio and LifeLock, among others.
- Headquarter Singapore, Singapore
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Sectors
Financial ServicesTechnology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Xendity Pte. Ltd.
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Annual Revenue
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Net Profit
$-762.84 K (USD)0as on Dec 31, 2021
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Green Packet
(Jun 16, 2020)
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Products & Services of Xendity
Xendity offers a comprehensive portfolio of products and services, including Xendity Authentication, ID Scanner, Face Recognition, Document Scanner, and AML/CFT Screening. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Verifies user identity electronically using e-KYC technology.
Provides high precision real-time text recognition for ID documents.
Detects and compares facial similarity with liveness detection.
Captures ID documents and EPF statements accurately via smartphone.
Screens users for anti-money laundering and terrorism financing risks.
Funding Insights of Xendity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Xendity
Xendity has secured backing from 1 investor. Prominent investors backing the company include Green Packet. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Wi-fi offloading solution and wi-fi access device provider
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Xendity
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Xendity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xendity Comparisons
Competitors of Xendity
Xendity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BitGo, Onfido, IDfy, Digio and LifeLock, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Crypto-based custody, trading, and lending services are provided to institutions.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
Mobile platform offering credit cards
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| domain | founded_year | HQ Location |
Identity theft is protected and prevented through cyber monitoring services.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided for multiple industries digitally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xendity
Frequently Asked Questions about Xendity
When was Xendity founded?
Xendity was founded in 2017.
Where is Xendity located?
Xendity is headquartered in Singapore, Singapore.
What does Xendity do?
Xendity was founded in 2017 in Singapore. Operations are centered in the secure authentication sector, where identification solutions are delivered through face motion detection and recognition. Anti-money laundering and counter-financing of terrorism screening are included among the services. Document scanning and related features support the overall product functionality, serving clients in the region.
What products or services does Xendity offer?
Xendity offers Xendity Authentication, ID Scanner, Face Recognition, Document Scanner, and AML/CFT Screening.
Who are Xendity's investors?
Xendity has 1 investor. Key investors include Green Packet.