Veriff becomes combined KYC and KYB provider

This move pushes Veriff from a point solution into a broader onboarding system. Many regulated customers do not just verify end users, they also have to approve the businesses those users represent, plus the merchants, vendors, and partners moving money or goods through the platform. Adding KYB lets Veriff cover both the person and the company in one workflow, which cuts vendor sprawl and makes compliance teams run fewer disconnected tools.

• The product expansion is concrete, not just a packaging change. After acquiring Vespia in February 2026, Veriff said it would integrate KYB into the platform and make it commercially available by mid 2026, adding business verification to its existing document and biometric checks for individuals.
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• The workflow overlap is real in practice. Veriff now describes KYB as useful for onboarding businesses, directors, shareholders, and suppliers, which matches how fintechs, marketplaces, and B2B platforms often need to verify both a legal entity and the humans behind it before activating an account.
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• This also shifts the competitive set. MetaMap and Socure already position around broader compliance workflows that span KYC, AML, and KYB, so expanding beyond consumer identity checks helps Veriff sell into larger accounts that want one vendor to cover more of the onboarding stack.
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The next step is for identity vendors to win budget by owning the full trust decision at account opening. Veriff is heading toward a model where a customer can check the business, its owners, and the person in front of the camera through one integration, which makes the platform stickier and more valuable inside regulated onboarding flows.