--- title: Confirmed: Entrust is buying AI-based ID verification... description: Entrust is acquiring Onfido, an AI-based ID verification startup, for over $400 million. The acquisition will strengthen Entrust's position in the identity... canonical: https://daily.dev/posts/confirmed-entrust-is-buying-ai-based-id-verification-startup-onfido-sources-say-for-more-than-400-fquydkyc1 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Confirmed: Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400M | daily.dev og:description: Entrust is acquiring Onfido, an AI-based ID verification startup, for over $400 million. The acquisition will strengthen Entrust's position in the identity... og:url: https://daily.dev/posts/confirmed-entrust-is-buying-ai-based-id-verification-startup-onfido-sources-say-for-more-than-400-fquydkyc1 og:image: https://api.daily.dev/og/posts/fquyDKYC1.png og:image:alt: Confirmed: Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400M og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Confirmed: Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400M **[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments ## Summary Entrust is acquiring Onfido, an AI-based ID verification startup, for over $400 million. The acquisition will strengthen Entrust's position in the identity lifecycle and expand its AI capabilities. Onfido's digital identity verification solutions have become crucial due to increased security concerns and regulatory focus on data protection. Consolidation in the identity verification market is seen as a trend, allowing companies with stable financial platforms to thrive. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 1 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments --- Tags: [#security](https://daily.dev/tags/security), [#ai](https://daily.dev/tags/ai), [#enterprise](https://daily.dev/tags/enterprise), [#acquisition](https://daily.dev/tags/acquisition), [#identity-verification](https://daily.dev/tags/identity-verification) [View this post on daily.dev](https://daily.dev/posts/confirmed-entrust-is-buying-ai-based-id-verification-startup-onfido-sources-say-for-more-than-400-fquydkyc1) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Confirmed: Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400M","url":"https://daily.dev/posts/confirmed-entrust-is-buying-ai-based-id-verification-startup-onfido-sources-say-for-more-than-400-fquydkyc1","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/confirmed-entrust-is-buying-ai-based-id-verification-startup-onfido-sources-say-for-more-than-400-fquydkyc1"},"datePublished":"2024-02-07T11:54:49.180Z","dateModified":"2024-05-09T09:28:05.588Z","description":"Entrust is acquiring Onfido, an AI-based ID verification startup, for over $400 million. 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