Faceki W.L.L

Faceki W. L. L is a robust online fraud prevention platform that offers comprehensive identity verification and compliance solutions tailored for various industries globally. Founded in 2020 and headquartered in Manama, Bahrain, Faceki W.

L. L focuses on providing advanced identity verification services. The company has made significant strides in its business strategy, demonstrating adaptability in its operations. Faceki was co-founded by Mustafa Marhama and Nabeel Radhi, with Hamza Al-Ghatam currently serving as CEO.

The company has successfully closed 4 deals, with the most recent investment round occurring on June 13, 2023, when GRO Capital acquired a stake from Tenmou for an undisclosed amount. Faceki specializes in a wide range of identity verification solutions, including Anti-Money Laundering (AML) and Politically Exposed Persons (PEP) screening, Know Your Customer (KYC) identity verification, and Know Your Business (KYB) services. They offer biometric authentication and document AI solutions for electronic Know Your Customer (eKYC) processes to enhance security and customer onboarding efficiency. Their services cater to clients across over 230 countries and various sectors, ensuring enhanced operational integrity through features like transaction monitoring and behavioral intelligence insights.

Faceki generates its revenue through a subscription-based model, serving primarily B2B clients. The company collaborates with enterprises to integrate sophisticated identity verification and fraud prevention solutions into their systems. Clients can choose from individual services or comprehensive packages that include biometric authentication, document processing, and AML/PEP screening, tailored to meet unique business needs. The pricing structure reflects the advanced nature of their offerings, aligning costs with the value derived from enhanced security and compliance measures.

Faceki W. L. L aims to expand its market presence by developing new products designed to address the evolving needs of identity verification and fraud prevention. The company is actively pursuing expansion into new geographic markets, although specific regions have yet to be disclosed.

Recent funding received from GRO Capital will be strategically allocated to support these initiatives, enhancing product development and market entry strategies post the June 2023 investment.