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Niva

AI-powered global KYB and identity verification

Overview

Niva provides a global business identity and KYB platform that uses AI to verify company information, assess risk, and detect fraud for cross-border transactions. It automates onboarding with features like pre-filled applications, instant document validation, and AI-driven document review, drawing data from public and private sources to verify identities and identify fraud. It differentiates itself by focusing on cross-border KYB for fast-growing fintechs and marketplaces, cutting onboarding from weeks to minutes and reducing the need for internal regional training. Its goal is to make global business verification fast, accurate, and scalable, enabling quick onboarding of partners and customers while reducing regulatory risk.

Significant Headcount Growth

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About Niva

Simplify's Rating
Why Niva is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsFintechAI & Machine LearningFinancial Services

Company Size

11-50

Company Stage

Early VC

Total Funding

$3.3M

Headquarters

New York City, New York

Founded

2023

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Simplify's take

What believers are saying

  • Niva announced Kaszek partnership in 2026, signaling stronger Latin America distribution.
  • Aplazo cut merchant review time 98% with Niva, proving measurable customer ROI.
  • SOC 2 Type 2 and public trust-center disclosure reduce enterprise security friction.

What critics are saying

  • OpenAI and Anthropic dependency on Niva's trust center creates margin and outage exposure.
  • Kaszek-backed competitors can replicate KYB workflows faster, compressing pricing power by 2027.
  • If regulators reject AI-generated due diligence evidence, Niva's core product becomes noncompliant.

What makes Niva unique

  • Niva automates KYB across countries, using AI and local source data, not templates.
  • Abhinav Rai and Akhil Naini combine Enigma, Chime, Coinbase, and Gusto operating experience.
  • Niva supports country-specific workflows in six Latin American markets, including Mexico and Brazil.

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Funding

Total Funding

$3.3M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Flexible Work Hours
  • Company Equity

Growth & Insights and Company News

6 month growth

4%

1 year growth

4%

2 year growth

4%
PYMNTS
Jul 11th, 2024
Embedded Finance, Online Platforms Shape This Week’S B2B Innovations

There are many truisms about the B2B landscape, and they mostly center around better payments. After all, the ongoing digital transformation reshaping the B2B marketplace is increasingly defined by businesses moving away from paper checks and manual processes toward electronic payment methods, while B2B payment systems that integrate seamlessly with existing accounting and ERP software are in high demand as working capital and cash flow visibility becomes more and more crucial. At the same time, companies are leveraging payment data for insights into spending patterns and supplier relationships, while simultaneously looking to automate payment processes to reduce errors, save time and cut costs

PYMNTS
Jul 10th, 2024
Knowledge Is Power When It Comes To B2B Buyer-Supplier Dynamics

As the B2B landscape embraces digitization, traditional buyer-supplier dynamics are undergoing a sea of change.With news Monday (July 8) that business identity platform Niva brought to market its business verification solution, firms know that no matter the shifting nature of today’s contemporary B2B transaction cycles, one thing remains immutable: Buyers need to know who they are buying from, and suppliers need to know who they are selling to.In the complex and high-stakes world of B2B transactions, discerning buyers understand that thorough knowledge of suppliers is not just advantageous but essential.It empowers them to make informed decisions that enhance operational efficiency, foster strategic growth and mitigate risks. Investing time and resources in supplier research and relationship management is a component of a successful B2B procurement strategy.B2B transactions often involve financial investments, long-term commitments and complex integration processes. Knowing a commercial partner’s track record, financial stability and reputation helps buyers minimize the risk of supply chain disruptions, loss and even project failures.This knowledge forms the bedrock of strategic procurement, driving efficiencies, fostering innovation and securing competitive advantages. However, the equation is reciprocal; it is equally crucial for suppliers to understand their buyers to cultivate successful and lasting business relationships.Read also: Will 2024 Be the Year of Win-Win Buyer-Supplier Dynamics?How Discerning B2B Firms Tap Insights to Guide Decision-MakingThe more knowledgeable a B2B buyer is, the better they can negotiate terms and conditions, including pricing, delivery schedules and payment terms. Familiarity with a supplier’s cost structure and market positioning enables buyers to use their purchasing power effectively and secure favorable deals.At the same time, compliance with regulatory standards is becoming increasingly non-negotiable in many industries and jurisdictions. Buyers must ensure their suppliers adhere to relevant laws and industry standards to avoid legal liabilities and penalties

FinSMEs
Jul 9th, 2024
Niva Raises More Than $3.3M in Funding

Niva, a NYC-based provider of a global business identity platform, raised more than $3.3M in funding

ExploreBit
Jul 9th, 2024
Niva Raises USD 3.3M Funding

Niva raises USD 3.3M funding.

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