Assessment
Facephi is a biometric identity and ongoing fraud vendor for banks and other regulated firms that want one provider from signup through login and monitoring. At onboarding it reads identity documents (OCR), checks watchlists, connects to government databases where available, and runs biometric liveness checks, including passive liveness that needs no action from the user, and deepfake detection. After signup it adds multifactor authentication, behavioural biometrics, and tools for authorised fraud, such as spotting mule accounts that move stolen money.
For FY2025 Facephi reported revenue of €36.0 million, up 24.6% from €28.9 million, normalised EBITDA of €10.5 million, and a return to net profit of €0.4 million. Management guided 2026 revenue of €46.2 million. The company says it serves more than 300 clients in more than 30 countries, with subsidiaries in Seoul for Asia-Pacific, Uruguay for Latin America, and London for EMEA.
Facephi fits a bank or fintech in Latin America, EMEA, or Asia-Pacific that wants biometric identity checks plus authentication and fraud modules. It is a weaker fit for a US-only buyer that mainly needs to check driver's licence barcodes, or for a team that only wants low-cost self-serve selfie checks at a published price, such as Veriff's $0.80 per verification.
Rating by criterion
Each of the eight criteria below is scored out of 100.
Sector criteria
Onboarding flows capture identity documents with OCR, validate them against exclusion lists, and can connect to government databases where Facephi has integrations. Biometric checks cover face, fingerprint, and voice, and video onboarding can run with or without a live agent. Coverage is strongest where Facephi has bank customers, especially in Spanish-speaking markets and some EMEA and Asia-Pacific countries.
Facephi describes three layers: identity theft (deepfakes, fake documents, presentation attacks), unauthorised fraud (behavioural biometrics, remote-access and injection attack defences), and authorised fraud (mule accounts, suspicious transaction patterns, network links). It scores users, sessions, and transactions so a bank can set its own rules and alerts.
Products include Facephi Onboarding, Authentication, Identity Platform, behavioural biometrics, Teseo, a digital identity wallet, and mule-account detection. Banks integrate it for digital onboarding and for strong customer authentication (SCA), the two-step checks EU rules require for many payments. Public case studies include the Guatemalan banks Banrural and Banco Industrial. Integration runs as an enterprise project, and there is no self-serve developer signup with published starter pricing.
Facephi markets compliance with international security and data-protection standards and points buyers to a trust centre. Its regulated onboarding, multifactor and strong customer authentication, and watchlist checks support know-your-customer (KYC) programmes. Each customer still sets its own policy for how long to keep the evidence behind biometric decisions.
Vendor criteria
FY2025 results describe Facephi's move from mostly biometrics to a wider digital-identity and fraud platform, with more SaaS revenue and less reliance on hardware. Management says revenue grew at a compound annual rate above 37% from 2020 to 2025. Its 2026 guidance assumes further expansion into new countries and products. The roadmap now includes the identity wallet and mule-account detection.
Customers come on board through enterprise sales. Regional subsidiaries handle delivery in Latin America, EMEA, and Asia-Pacific. Facephi publishes customer stories but no support SLA. Its regional teams cover Spanish- and English-speaking markets.
As of 5 Oct 2026, Facephi does not publish a self-serve rate card. Pricing is sold through sales.
Contracts are negotiated and often run for several years, as is common for bank software. Alongside its FY2025 results, Facephi disclosed total contract value of €71.6 million (+23.9%). It does not publish its term, SLA, or data-residency clauses.
Against its peers
These are the other companies in KYC, AML and identity, with their ratings.
Fact file
| Listings | BME Growth: FACE; Euronext Growth: ALPHI |
|---|---|
| FY2025 revenue | €36.0M (company results, 4 May 2026) |
| FY2025 EBITDA (normalised) | €10.5M |
| Clients / countries | 300+ clients; 30+ countries (company-stated) |
| 2026 guidance | Revenue €46.2M (company) |
| Pricing | No public self-serve rate card |
Competitive landscape
Digital identity and biometric KYC vendors a bank buyer would compare with Facephi.
Facephi: 74
Comparisons
Key leadership
Javier Mira leads Facephi as president and CEO. Jorge Sanz runs day-to-day general management, and Aitor D'Oxandabaratz is CFO.
Javier Mira - President, chief executive, and founder. Mira built Facephi from a biometrics company in Alicante, on Spain's Mediterranean coast, into a listed digital-identity and fraud business. He speaks for the company on results and product direction. In the FY2025 results message he described completing the shift from a biometrics-focused provider to an AI identity and fraud platform that combines verification, fraud prevention, and compliance. He works with Sanz, who runs operations, and leads the company's communication with investors.
Jorge Sanz Estrada - General manager (Director General). Sanz has spent more than twelve years at Facephi, including as chief revenue officer before becoming general manager in October 2023. He coordinates day-to-day operations across a staff that grew from about 60 people in 2020 to more than 260 at the time of his appointment, spanning Alicante and regional subsidiaries. He focuses on customer service and operations, working alongside Mira.
Aitor D'Oxandabaratz - Chief financial officer. D'Oxandabaratz speaks for the company on profitability, cash flow, and debt in its results. On the FY2025 release he highlighted EBITDA expansion, the return to profit, and cost reduction alongside revenue growth. He is responsible for reporting to both of Facephi's markets, BME Growth in Spain and Euronext Growth in Paris.