| Industry | KYC compliance |
|---|---|
| Founded | 2018 in Vilnius, Lithuania |
| Founder | Liudas Kanapienis, Andrej Vištorskij |
| Headquarters | London, United Kingdom |
Key people | Liudas Kanapienis (CEO), Andrej Vištorskij (CPO) |
| Products | Online Identity Verification, KYB & KYC Compliance |
| Website | http://ondato.com |
Ondato is a KYC, AML, and online identity verification software provider.
The company began operations in 2018 and was founded in Vilnius, Lithuania. In 2020, the company received an investment from Startup Wise Guys[1][2] and moved its headquarters to London’s Canary Wharf district.[3][4]
Ondato has since received additional investment from OTB Investments[5] and other venture capital companies.
Technology
Ondato’s software is intended to automate KYC and AML within institutions by automating back-office processes such as screening for politically exposed persons lists, validating risk scores and eliminating false positives.[6]
Achievements
Ondato serves several high-profile companies such as OnlyFans[7], STEX[8], and Luminor Bank.[9]
The company has received awards from Lithuanian government authorities.[10]
Ondato’s technologies are being used to ensure remote work capabilities for the Lithuanian parliament (Seimas).[11]
In 2024, Ondato was also named as the 137th fastest-growing European company by the Financial Times.[12]