Vespia

Vespia is a company that provides business verification and anti-money laundering compliance technology. The platform is designed to support customer onboarding processes for organizations that must verify the identity and risk profile of business clients and individuals across multiple jurisdictions.

Services and Capabilities

Vespia offers a suite of verification and compliance tools delivered through API and web-based interfaces. The platform provides Know Your Business services that retrieve commercial register information and corporate documents from over 300 jurisdictions, typically returning data within 30 seconds. This includes identification of ultimate beneficial owners, shareholders, and directors. The system performs Know Your Customer identity verification, supporting more than 7,000 document types from over 190 countries and territories, with liveness detection functionality to confirm user presence during verification. AML screening is conducted automatically against more than 4,000 lists covering politically exposed persons, sanctions, and adverse media. The platform includes risk scoring capabilities that combine rule-based logic with artificial intelligence, allowing clients to input custom risk matrices. Continuous monitoring services track changes in business structures, document expiration, and updates to sanctions or adverse media listings. The system generates PDF and machine-readable reports with full audit trails for regulatory purposes. An onboarding flow tool provides customizable templates and web SDK integration for embedding verification processes into client websites.

Industry Focus

The platform serves organizations in financial services, where it is used to identify and assess anti-money laundering and counter-financing of terrorism risks. Accounting firms use the system to automate due diligence and AML checks. Payment service providers employ the technology to facilitate business onboarding processes.