Fourthline
Websitewww.fourthline.com
AddressAmsterdam, Netherlands
DescriptionFourthline helps regulated enterprises solve digital identity challenges in their fight against financial crime. Founded in 2017 and headquartered in Amsterdam, it is one of the fastest growing FinTechs in Europe. With offices in Amsterdam and Barcelona, Fourthlines works for clients such as KPN, flatexDEGIRO, N26, Solarisbank and Wish. With innovative Know Your Customer-technology and best-in-class compliance experts, Fourthline is able to verify thousands of new clients every day. Over 200 checks are performed in no time, checking ID documents, biometrical data, location of the applicant, as well as worldwide sanction lists. In doing so, Fourthline catches 60% more fraud with 99.98% accuracy. How does this work? Customers applying for a financial product are asked to take a selfie, a photo of their ID and enter some personal information. Subsequently, Fourthline performs all checks within one minute through proprietary techniques that combine AI with expert analyses.