Company Database - Ondato

The Final Piece of the KYC Compliance Puzzle

Ondato is a tech company that streamlines KYC and AML-related processes. Ondato provides technological solutions such as digital identity verification, business customer onboarding, data validation, and more. These provide the highest standard available of KYC online or offline on-boarding for all business and customer types, orchestrated from a single interface.

Target Group
  • Banks/FS
  • Fintech
  • Crypto exchange/Blockchain and crypto companies
  • Merchants/Marketplaces
  • Telecom
Geographical presence


Member of industry association and/or initiatives
Startup Lithuania, Unicorns Lithuania, Fintech Lithuania, Fintech Alliance

Core Solution
  • Identity verification
  • Authentication
  • Digital identity service provider

Problem the company solves
Ondato ensures that businesses across a variety of sectors can fully trust their entire customer base, eliminate fraud, reduce costs, and create a pleasant user experience within a single platform.

  • Native Cloud

Data input
Identity Verification


  • Identity document scanning - proprietary capability
  • Video scanning - proprietary capability
  • Personally Identifiable Information (PII) validation - proprietary capability
  • Small transaction verification - proprietary capability
  • Email verification - third party capability
  • Phone verification - third party capability
  • Social verification - proprietary capability 
  • Credit check - third party capability

Online authentication

  • Physical biometrics - proprietary and third party capability
  • Geo-location - proprietary capability
  • Mobile app push - proprietary capability
  • One-time passwords - proprietary capability
  • Knowledge-based authentication - third party capability


  • Financial crime data - third party capapbilitiy
  • Sanctions data (sanctions, enforcement, PEP, and adverse media) - third party capability
  • Watchlist screening - third party capability
  • Adress Verification- proprietary capability
  • Credit bureau - third party capability


  • Rule-based


  • Case management
  • Manual review

Business model
Pricing model
SaaS-based pricing model

Fraud prevention partners
Covery, Hawk:AI

Startup Wise Guys, OTB Ventures, LitCapital

Year over year growth
400% annually

Number of employees

Future developments
Enchancement of Ondato OS, Risk Scoring tool, KYB services

Customer reference
Swedbank, SEB, Luminor, Citybee, Bolt