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Prove

Provider
KYC

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 1 category.

prove.com ↗Also analysed as a company — its own stack →
CategoriesKYC
Rank#31 of 65 in KYC
Buyers3 companies
HeadquartersNew York, NY, USA

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Founders & story · from Prove’s own dossier

Prove (formerly Payfone) is a phone-centric identity verification and authentication platform used by financial institutions, fintechs, and enterprises to verify consumer identities at onboarding and during transactions. The company leverages mobile network operator data signals to power its Trust Score and Prove Identity solutions. Based on the limited evidence available, Prove has expanded its digital identity verification partnerships—including a partnership with eBankIT to strengthen digital ID verification for financial institutions.

Recent developments
  • 2024eBankIT partners with Prove to strengthen digital ID verification for financial institutions, as listed by IBS Intelligence. source ↗
Full dossier: Prove’s own stack, layer by layer →
Who uses Prove
3 companies disclose Prove in their stack
EloBackbaseVelocity
Buyer mix · 3 of 3 classified
Infrastructure / BaaS · 1Infrastructure / Card Network · 1Infrastructure / Payments · 1
LATAM · 1EU · 1UK · 1
What the disclosures say
Elo
“Elo IS a card network (bandeira) — its regulamento is approved by Banco Central do Brasil.”
Backbase
“Backbase press release announces integration of Prove Pre-Fill into its AI-powered Banking Platform to accelerate customer onboarding for financial institutions.”
Velocity
“Prove is publicly listed as an identity verification partner on velocity.xyz (BusinessWire announcement 'Prove and Velocity Partner').”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Prove? Claim this profile above to unlock your own full list.
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Alternatives to Prove

Other KYC providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Sumsub42 buyers →Onfido36 buyers →Persona35 buyers →Veriff35 buyers →Stripe24 buyers →Socure23 buyers →Alloy21 buyers →footprint21 buyers →
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An embeddable badge for Prove’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #31 of 65 in KYC — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/prove?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/prove.svg"
       alt="Ranked #31 of 65 in KYC — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/prove/install" width="1" height="1" alt="" style="display:none">

Prove — frequently asked

Which companies use Prove?

3 companies are linked to Prove in the Embedded Finance Index 2026, through their own public disclosures or Prove's published customer list, including Elo, Backbase and Velocity.

What does Prove do?

Prove is an embedded-finance provider in KYC. It ranks #31 of 65 KYC providers by linked companies.

What are the alternatives to Prove?

The most-named KYC alternatives to Prove are Sumsub (42 buyers), Onfido (36 buyers), Persona (35 buyers), Veriff (35 buyers), Stripe (24 buyers) and Socure (23 buyers).

Where is Prove headquartered?

Prove is headquartered in New York, NY, USA.

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