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Smart Engines

Can an on-premise, privacy-first AI document scanning SDK become the default identity verification infrastructure layer for regulated financial institutions globally?

Founded2016
HQMoscow, Russia
IndustryInfrastructure / KYC
The story

Smart Engines was founded as a research-driven AI company specializing in on-device optical character recognition and document scanning. Rather than becoming a cloud-based KYC SaaS provider, the company differentiated by offering on-premise and mobile-embedded SDKs — processing all data locally on the device or within the client's infrastructure, eliminating data leakage risk. This model attracted regulated financial institutions (banks, fintechs, telcos) seeking GDPR/CCPA-compliant identity verification without sending customer data to third-party servers. The company has since expanded its coverage to 220+ jurisdictions and 3,000+ document types, evolving into a full document intelligence platform that includes anti-fraud, face verification, barcode scanning, and full-page OCR.

Last 12 months
2025-09
2025-09
2025-06
Product timeline
2016
Smart Engines incorporated as OOO 'Smart Engines Service' (INN 7728328449) in Moscow.· pivot
2020
Smart ID Engine deployed by Kaspi.kz super-app for in-app identity document scanning.· banking
2023
Smart Engines products adopted by Emirates NBD, Raiffeisen Bank, and Dukascopy Bank for mobile onboarding KYC.· banking
2025
Smart Engines launches GreenOCR 2.0 with 10x higher accuracy and 20% faster document scanning (September 2025).· pivot
2025
Smart Engines expands ID document scanning and authentication capabilities to Iran and Pakistan (September 2025).· pivot
2025
Smart Engines unveils a Multimodal AI platform.· pivot
The stack
Accounting gap: none