Signzy vs Sumsub: Which Identity Verification Platform Actually Solves Your Problems?

So you need an identity verification platform, and you've narrowed it down to Signzy and Sumsub. Both are solid choices with different strengths, and honestly, the 'best' one really depends on what you're trying to solve.

We've been building verification tech for a while now, and we know Sumsub's team – they've carved out a strong position in this market for good reasons. Rather than trying to convince you we're obviously superior, we figured it'd be more helpful to break down what each platform actually does well and where the real differences lie. So, let's start with a quick glance.

Signzy vs Sumsub - Quick Glance

That's a quick glance at the key differences. Now, let's compare them more comprehensively to see which platform actually fits your business needs.

Signzy

Signzy - Platform Overview

Signzy is a global verification platform serving companies across financial services, fintechs, gaming, banking, payments, crypto, and more. Founded in 2015, we've raised $38.5 million and work with over 500 companies, including Fortune 30 enterprises.

What really sets Signzy apart is behavioral intelligence. Most platforms just check if documents are real. Signzy also analyzes whether user behavior suggests fraudulent intent, which catches financial crime that traditional verification misses.

Signzy - Feature Suite

Signzy offers advanced fraud detection through patented technology, including MuleShield for money mule detection (72% improvement in detection rates) and behavioral fraud analysis that examines over 200 parameters. The platform includes video KYC, AML screening across 150+ data sources, transaction monitoring, and digital contract capabilities.

The standout feature is real-time adaptability. When new fraud patterns emerge or regulations change, business teams can modify verification rules immediately through the no-code interface. This matters when you're dealing with sophisticated financial crime that evolves quickly.

Signzy - Pros

• Achieve 98%+ accuracy rates across global document types with our advanced OCR and machine learning technology, consistently outperforming industry benchmarks.
• Our flagship One Touch KYC solution combines document verification, biometric matching, and liveness detection in a single API call - driving significant adoption across US markets.
• Real-time AML screening against global watchlists with intelligent transaction monitoring that adapts to emerging fraud patterns and regulatory requirements.
• Native verification support across Brazil, Mexico, Canada, UAE, and many other countries with localized document processing and regulatory compliance.
• State-of-the-art deepfake detection technology that identifies sophisticated deepfake attempts and presentation attacks, staying ahead of evolving fraud techniques.
• Deep local data partnerships and government integrations across emerging markets where global providers typically lack comprehensive coverage.
• Most implementations go live within days to weeks, not months, thanks to developer-friendly APIs and streamlined integration processes.
• MuleShield technology analyzes 200+ risk signals to prevent money laundering schemes that traditional document verification alone cannot catch.

Signzy - Cons

• Pricing not publicly disclosed, requires custom consultation
• Primarily designed for financial services, it may be complex for simple verification needs
• Learning curve for teams accustomed to basic verification tools

Signzy - Pricing

Our platform stands as one of the most economical identity verification solutions, featuring transparent cost structures. You can choose from:

• Individual APIs: Pay for specific verification services like document authentication, biometric matching, or fraud detection. Ideal for businesses with targeted verification requirements.
• Complete Suites: Comprehensive solutions like One Touch KYC that combine multiple verification tools into streamlined workflows. Designed for businesses needing end-to-end identity verification processes.
• Volume-Based Tiers: Transaction pricing that decreases as your verification volume increases. Predictable costs that scale efficiently with business growth.

We can share a ballpark range if you are open to discussing your requirements. Book a discussion here.

Sumsub

Sumsub - Platform Overview

Sumsub started with a broader vision: create one verification platform that works for every industry. Based in London, they've built their reputation on comprehensive coverage and standardized implementation across fintech, crypto, gaming, and e-commerce.

Sumsub's approach prioritizes automation and global reach. They support 220+ countries, focusing on high pass rates and fast processing. Their business model assumes most companies want verification that works immediately without customization.

Sumsub - Feature Suite

Sumsub provides identity verification, business verification, AML screening, and transaction monitoring with strong automation capabilities. The platform achieves 93% first-pass rates and processes most verifications in under one minute through its standardized workflows.

Their strength lies in global document coverage and a systematic approach to verification. The platform includes case management tools, customizable workflows, and comprehensive reporting across all verification types.

Sumsub - Pros

• High automation rates with 93% first-attempt success and sub-minute processing
• Transparent tiered pricing starting at $1.35 per verification
• Strong global presence across multiple industries beyond financial services
• 14-day free trial with comprehensive feature access
• 24/7 technical support with dedicated customer success teams

Sumsub - Cons

• Additional costs for advanced features and data extraction requirements
• Enterprise pricing can become expensive with full feature sets
• A generic approach lacks industry-specific optimization for financial services.
• Users report inconsistent document acceptance, with legitimate IDs sometimes rejected
• Limited explanation for verification failures frustrates users and support teams.
• Less flexibility for complex compliance workflows compared to specialized platforms

Sumsub - Pricing

Sumsub offers tiered pricing starting at $1.35 per verification for basic plans, with enterprise custom pricing for high-volume clients. Additional costs apply for advanced AML monitoring and enhanced data extraction features.

Why You Should Pick Signzy Over Sumsub

Here's when Signzy becomes the strategic choice for your business.

✅ You Need Financial Crime Prevention, Not Just Identity Checking

Signzy's patented behavioral fraud detection analyzes user patterns that indicate money laundering and account takeover attempts. The MuleShield technology alone helped banks detect over 400,000 mule accounts and prevent $12 million in losses.

Sumsub focuses on verifying identity documents efficiently. That works for most online businesses, but financial services face threats that go beyond fake IDs. When your business handles money transfers, crypto transactions, or high-value accounts, you need fraud prevention that understands financial crime patterns.

✅ You Want Business Team Control Over Compliance Rules

Signzy's no-code approach means your compliance officers can modify verification workflows, add new AML checks, or adjust risk parameters without waiting for development sprints. When regulations change or you enter new markets, adaptation happens in hours instead of months.

Sumsub requires more technical involvement for customization. Their standardized approach works well if your verification requirements don't change frequently, but financial services companies often need rapid adaptation to regulatory updates and emerging threats.

✅ You'd Rather Pay for Actual Usage Than Predicted Volume

Signzy's modular pricing lets you select specific APIs and pay based on actual usage rather than purchasing complete verification packages. This approach often delivers better economics for financial services companies that need specific capabilities rather than broad functionality.

Sumsub's tiered pricing is predictable but includes features you might not need. If your business model requires identity verification, behavioral fraud detection, and AML screening but not business verification and transaction monitoring, modular pricing typically costs less.

✅ You're Building an Enterprise That Needs to Scale Intelligently

Signzy's technology adapts to emerging fraud patterns automatically and includes patents for next-generation financial services like metaverse banking. The platform's AI continuously learns from new threats, which matters when financial criminals develop increasingly sophisticated tactics.

Sumsub excels at processing high verification volumes with consistent results. But financial technology companies often need verification that gets smarter over time, not just faster. Signzy's approach delivers intelligence that improves as your business grows.