Sumsub Named a Leader for Second Consecutive Year in the 2025 Gartner® Magic Quadrant™ for Identity Verification

To Sumsub, this recognition highlights consistent market leadership, innovation, and impact across global compliance and fraud prevention, while also earning the furthest position for 'Completeness of Vision.'

LONDON, Aug. 27, 2025 /PRNewswire/ -- Sumsub, a global verification and anti-fraud provider, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for 'Identity Verification.' This marks the second consecutive year the company has been recognized as a Leader, which Sumsub attributes to its sustained performance, product innovation, and growing recognition across the verification and anti-fraud spaces.

Gartner also positioned Sumsub furthest for 'Completeness of Vision,' which the company views as recognition of its forward-looking strategy and market innovation.

Over the past year, Sumsub has continued to expand its platform and product suite to meet the rising demands of enterprises navigating compliance, fraud, and onboarding challenges. In 2025, Sumsub launched and upgraded a number of key solutions, including a next-generation Case Management tool that unifies compliance review workflows, and a Reusable Digital Identity product suite enabling verified users to securely reuse their identity across multiple platforms, streamlining onboarding while maintaining trust.

In 2025, Sumsub also expanded its Non-Doc Verification solution – a document-free alternative to traditional KYC – now fully compliant in 20+ countries and capable of verifying over 5 billion users via government or banking databases in as little as 4.5 seconds. It has continued to enable the product across new territories, ensuring inclusive, fraud-resistant user onboarding across emerging and established markets.

Additionally, Sumsub launched its AML Transaction Monitoring solution designed to detect suspicious financial activity with precision and speed, complementing its broader suite of fraud prevention and compliance tools.

"As we celebrate our 10th year, being named a Leader again in the Gartner Magic Quadrant is a huge milestone. We feel this recognition reaffirms the trust our clients place in us and our long-term commitment to solving real-world compliance and fraud challenges, " said Andrew Novoselsky, Chief Product Officer at Sumsub. "From AI-powered identity verification to end-to-end transaction monitoring and reusable digital identities, our vision has always been to help businesses onboard users faster while staying secure and compliant. We're proud to lead the industry forward."

You can view a complimentary copy of the Gartner Magic Quadrant for Identity Verification report here:
https://sumsub.com/gartner-magic-quadrant/

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Disclaimers

Gartner, Magic Quadrant for Identity Verification by Akif Khan, Nayara Sangiorgio, James Hoover, 25 August 2025

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and  Internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Sumsub

Sumsub is a full-cycle verification platform that secures the whole user journey. With Sumsub's customizable KYC, KYB, Transaction Monitoring, and Fraud Prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs, and protect your business.

Sumsub has over 4,000 clients across the fintech, crypto, transportation, trading, e-commerce, education, and gaming industries, including Bitpanda, Wirex, Avis, Bybit, Vodafone, Duolingo, Kaizen Gaming, and TransferGo.

Sumsub has citations in research published by global institutions such as the United Nations and Statista, as well as ongoing consultancy and engagements with INTERPOL.

SOURCE Sumsub