# NJFVision

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/njfvision

- Industry: Software
- Headquarters: Paris, France
- Website: www.ubble.ai
- Total disclosed funding: $14M
- Latest round: Seed (Jun 25, 2020)
- Investors on record: 2

## About

NJFVision, SAS offers advanced identity verification solutions that leverage automated video technology to enhance user identification while preventing fraud in various online sectors.Founded in 2018 in Paris, France, NJFVision, SAS specializes in providing identity verification services. The company is co-founded by Francois Wyss and Nicolas Debernardi, with Wyss also serving as CEO. To date, NJFVision has successfully completed five funding deals, raising a total of EUR 10.00 mn. The most recent funding round, which occurred on May 12, 2022, was a VENTURE DEBT round led by Bpifrance, amounting to EUR 4.00 mn.NJFVision's primary product offering is its advanced Identity Verification solution, which employs automated video technology to accurately identify users and reduce fraud. The service supports over 3,000 government-issued IDs and documents from 195 countries, serving industries such as eCommerce, fintech, and mobility. Clients utilize this service for robust Know Your Customer (KYC) practices, significantly enhancing conversion rates compared to traditional photo-based verification methods.NJFVision generates revenue through a subscription-based model for its Identity Verification services, which are integrated into client platforms using a global API. Clients purchase access for various applications, including banking, hiring, and car rentals, with offerings that include both automated and human review options. The pricing structure is flexible, catering to businesses of all sizes, from startups to large enterprises, allowing them to reduce operational costs and enhance security.The company plans to enhance its product offerings by designing new identity verification solutions set to launch later in 2023. Additionally, NJFVision aims to expand its market presence into regions such as North America and Asia by the end of 2024. The recent funding from its VENTURE DEBT round will be utilized to support these initiatives, including product development and market entry strategies.

## Funding rounds

- Seed, Jun 25, 2020, $11M — Partech Partners, Breega
- Seed, Jul 8, 2019, $2.8M — Partech Partners

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed
- Breega (https://capitalatlas.ai/funds/breega) — Seed