About Alloy
Alloy offers identity verification and compliance solutions for financial institutions like banks and fintech companies. Their platform integrates with various data sources to help clients meet regulatory requirements such as KYC and AML, reducing fraud and improving customer onboarding. Alloy stands out by using machine learning and artificial intelligence to enhance the efficiency of identity verification. The company aims to provide essential tools that help financial institutions navigate regulatory challenges while improving their operations.
New York City, New YorkHeadquarters
2015Year Founded
$210.8MTotal Funding
LATE_VCCompany Stage
Fintech, AI & Machine LearningIndustries
201-500Employees
Benefits
Unlimited PTO
16 weeks of parental leave
Premium medical, dental, vision, HSA, & FSA programs
401k with matching and immediate vesting & eligibility
Commuter, health & wellness benefits
$1,000 annual learning & development stipend
Memorable team events and retreats
Risks
Increased competition from AI-powered fraud detection solutions like Zest Protect.
Decline in global venture funding may limit Alloy's growth and innovation.
Crowded fintech landscape poses challenges for Alloy to differentiate and maintain market share.
Differentiation
Alloy offers a single API for AML, fraud, and KYC management.
The platform integrates over 200 data sources for comprehensive identity verification.
Alloy's subscription model provides steady revenue and scalable pricing for clients.
Upsides
Partnership with 10x Banking enhances cloud-native transformation for financial institutions.
Launch of Alloy for Embedded Finance taps into the growing embedded finance market.
Integration with Narmi offers comprehensive fraud monitoring, improving client trust.
Funding
Total raised$210.79 M
Latest valuation$1.55 B
StageLATE_VC
LATE VC
8/31/2022$52
$1.55 B$100
$1.35 B$40
$200.00 MSERIES A
8/31/2019$12
$60.00 MCONVERTIBLE
4/30/1998$4