← Embedded Finance Index 2026/Vendor

Incode

Provider

Embedded-finance supplier tracked in the Embedded Finance Index — no company has publicly disclosed it yet. Filed under Infrastructure / Identity.

incode.com ↗Also analysed as a company — its own stack →

Buyersnone disclosed yet
HeadquartersSan Francisco, CA, USA
Founded2015
FoundersRicardo Amper
Raised~$257M (as of 2021)

Supplier profile · from Incode’s own dossier

Founded 2015 as a photo-sharing app, Incode pivoted to become an AI-powered identity verification platform, launching biometric authentication in 2017 and passive liveness detection in 2019. After hitting unicorn status in 2021 on the strength of banking and neobank adoption in the Americas, the company has consolidated the IDV market via acquisitions — MetaMap (2024), AuthenticID (2025), and Identiq (2026) — while doubling down on a privacy-first, on-device architecture to differentiate against Onfido, Persona, Jumio, and Socure.

Founders: Ricardo Amper
Latest round: Series B, December 2021

Recent developments

2026-06Acquired Identiq and committed $100M to privacy-preserving identity infrastructure source ↗
2026Named Leader in Gartner Magic Quadrant for Identity Verification for third consecutive year; launched GovFaceMatch (biometric match against state DMV records) source ↗

Full dossier: Incode’s own stack, layer by layer →

Who uses Incode

No disclosed buyers yet — no dossier in the Index names Incode in its stack so far

The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Incode? This profile opens for claiming as soon as the first company discloses Incode in its stack — or send us a public customer page and we will add the disclosure.