Zyphe

Zyphe is a compliance platform focused on decentralized identity solutions for Know Your Customer (KYC), Anti-Money Laundering (AML), and Know Your Business (KYB) verification. Founded in 2021 by experienced leaders in fintech and security, the company is headquartered in San Francisco, CA. The founders aimed to address the inefficiencies and security risks associated with traditional identity verification, where sensitive personal data is stored in centralized silos.

The company's core service revolves around a privacy-first approach that eliminates the need for businesses to store personally identifiable information (PII) on their own servers. Zyphe's technology works by encrypting and fragmenting user data into smaller pieces stored across a decentralized network of nodes, which mitigates the risk of data breaches from a single point of failure. This architecture incorporates privacy-by-design principles and helps clients comply with regulations like GDPR, CCPA, and the U.S. Bank Secrecy Act. The platform serves a global market, with clients including banks, fintech applications, and crypto exchanges.

Zyphe's platform offers features such as reusable credentials for one-click onboarding, which streamlines the user experience and can increase completion rates. It provides fully automated identity verification in over 190 countries with high accuracy for document matching. By decentralizing data management and reducing compliance complexity, the company states it can lower compliance-related costs for businesses. In July 2025, Zyphe announced a new funding round from investors including Altitude Ventures, Azimut Group, Everywhere Ventures, and ROI Ventures to accelerate its growth.

Keywords: decentralized identity, KYC verification, KYB verification, AML compliance, PII security, privacy-by-design, data fragmentation, user onboarding, fintech compliance, crypto compliance, identity management, regulatory technology, data protection, GDPR compliance, CCPA compliance, enterprise security, fraud prevention, digital identity wallet, secure data storage, one-click onboarding