Key facts
- Also lists offices in Singapore, Riga, Limassol, Berlin, Miami, Dubai and Tel Aviv
- Earlier Seed (2017) and Series A led by MetaQuotes
- Legal name: Sum and Substance Ltd
- Joined World Economic Forum Unicorn Community (January 2026) — membership claim
- Funding: In 2022, Sumsub raised US$30m in a Series B round.
Focus areas
About
Sumsub describes itself as AI-powered trust infrastructure for compliance operations at scale. It combines identity verification (KYC), business verification (KYB), fraud prevention, AML transaction monitoring, Travel Rule support and an operational layer (case management, workflow builder, rule engine, risk scoring) so online and regulated businesses can onboard users, manage risk and enter new markets without stitching together many point tools. Industries highlighted include fintech, iGaming, trading, crypto, mobility and marketplaces. The company says it started as a tool for spotting manipulated graphics and grew into a full-cycle verification and compliance platform.
How they use AI
Sumsub says adaptive AI powers configurable identity operations across users, businesses and transactions; the About page refers to AI-driven risk analysis and blocking fraud attempts. The product suite includes “Summy AI Copilot” in the operational layer. Homepage messaging also promotes AI-agent-friendly setup (integration via coding agents, natural-language configuration of verification flows and AML settings, and AI agents for exploring verification and case data).
Products and services
- From the company homepage overview:
- KYC: ID verification, proof of address, non-doc verification, liveness, bank account verification, email & phone verification, QES, AllDocs, AML screening, payment ownership verification, Sumsub ID, reusable KYC, device intelligence, questionnaires, fraud network detection, video ident.
- KYB
- AML Transaction Monitoring
- Fraud Prevention
- Travel Rule
- Operational layer: case management, workflow builder, Summy AI Copilot, rule engine, insights, FIU reports, risk scoring
- Integrations and AI-agent / MCP-oriented setup tooling (vendor messaging)
Notable customers / partners
Key people
- Andrew Sever — Co-founder, Chief Executive Officer
- Jacob Sever — Co-founder, Chief Innovation Officer
- Peter Sever — Co-founder, Chief Strategy Officer
- Vyacheslav Zholudev — Co-founder, Chief Technical Officer
- Alex Batlin — Non-Executive Director at Bitpanda (FinTech advisor)
- Graham Barrow — Director at The Dark Money Files Ltd and Risk Alert 247 Ltd
- Soroush Kafiabadi — Senior Vice President at Duff & Phelps (page copy; may need title refresh)
- Yiannos Ashiotis — Governance, Risk, Compliance (GRC) Expert
