- BFSIBanking, Financial Services & Insurance
- HealthcareComing soon
- ManufacturingComing soon
- Retail & E-CommerceComing soon
Signzy
The vendor that made enterprise-grade security work for the mid-market— identity, fraud, lending and contracting checks bought as individual APIs rather than a bundled platform licence. This hub is your complete intel file.
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Same software. Better outcome — at a lower cost.
The company, at a glance
Quick answer
Five intel pages. One API contract.
The complete Signzy platform — every linked card is a full intel page, from the endpoint to the world-leading MDR service.
Onboarding & KYC
Buy the checks you need, not a bundle.
KYC and KYB with liveness, face match, deepfake detection, OCR and the no-code journey builder. The marketplace model is the distinguishing thing: each check is a separate API you call and pay for, so a lender needing PAN, Aadhaar and bank verification buys exactly those rather than a platform licence covering forty capabilities it will never use. That flexibility is real, and it makes the check list in your contract the thing that matters.
Fraud & AML
The account is real. The purpose is not.
MuleShield for mule-account detection, data breach checks, AML screening and transaction monitoring. Mule detection is the one worth understanding: these accounts pass KYC because the identity is genuine — a real person, real documents, opened at someone else's direction to move someone else's money. No identity check catches that, because nothing about the identity is false. It takes behavioural and network signals after onboarding.
Lending
Bank data with consent, not emailed PDFs.
Account Aggregator APIs, risk assessment and bank statement analysis. India's AA framework lets a borrower share bank data directly from their bank with a consent record attached, replacing PDFs of uncertain provenance. For a lender the gain is two-sided: cleaner inputs into the credit model, and an audit trail showing exactly what was shared and on what basis when a regulator asks how a decision was reached.
Digital Contracting
The step everyone forgets to budget for.
Contract 360, eStamping and Aadhaar eSign. This is the part of a digital journey that quietly stays manual: the customer is verified in ninety seconds and then waits three days for a stamped, signed agreement. eStamping matters specifically in India because stamp duty is a state subject with its own rates and processes, and getting it wrong makes an agreement unenforceable rather than merely late.
The Innovations row — branding over the same APIs
Platform & engineSignzy's site shows an 'Our Innovations' row containing One Touch KYC, MuleShield, Contract 360, the No Code Platform and Agentic CKYC. These are not a separate product category: they are packaged or renamed presentations of the APIs already in the six marketplace categories, which is why this hub does not give them their own pages. One Touch KYC, for instance, bundles document verification, biometrics, liveness and consent capture into a single call rather than several. That bundling is genuinely useful — fewer round trips, one integration — but ask which underlying checks it actually runs, because that determines both the price and what you are relying on.
Regional stacks — the same marketplace, different countries
Platform & engineAlongside the India stack, Signzy publishes a US stack and a Middle East stack, each carrying the checks that market needs. If your onboarding is India-only this is irrelevant; if you onboard across several of those markets it is a genuine advantage over an India-only vendor, because one integration and one contract cover them. What to confirm during scoping is coverage depth per country rather than presence: a stack existing for a market is not the same as it carrying every check you need there, and the difference usually only surfaces during implementation.
Why “MDR and integration” is the whole story
Point tools from different vendors don’t talk, and most mid-sized organisations can’t staff a Signzy sells checks, not platforms — each verification is an API you call and pay for — and the India residency option doubled down on it.
A marketplace, not a platform licence
Each check is a separate API you call and pay for. You buy the four checks you need rather than a licence covering forty. The trade-off is that the check list in your contract is the thing that matters, and a category name tells you nothing about it.
India residency, actually stated
Signzy names India as a data-residence region and offers in-country storage on request for RBI localisation. Among the identity vendors TechBag carries, most publish nothing at all on this — so it is a real advantage, and still worth getting in writing per deployment.
Certified to the boxes procurement asks about
ISO 27001, SOC 2 Type II, PCI-DSS aligned, with CERT-In annual third-party VAPT. These are the artefacts an Indian security review asks for, and having them ready shortens a procurement cycle materially.
One integration across markets
US, Middle East and India stacks run on the same marketplace and contract. Worth little if you onboard only in India, and a genuine saving if you onboard across several — confirm depth per country, not just presence.
Start with the checks you actually need; everything else on the marketplace stays unbilled.
Peer & market recognition
Every claim on this hub traces to one of these public signals.
Market Guide for KYC Platforms
for Banking — only Indian company featured
Featured, not ranked
a Market Guide names vendors; it ranks none
Top 50 Global FCC
financial crime compliance tech providers
ISO 27001 · SOC 2 II
PCI-DSS aligned; CERT-In annual VAPT
Named region
in-country storage on request for RBI
4.7 / 5
the vendor's own homepage figure
2015 · Bengaluru
Ankit Ratan, Arpit Ratan, Ankur Pandey
Not in the IDV MQ
Gartner's IDV Magic Quadrant lists others
The company in six figures
Where Signzy sits — the grids
Two company-level views you won’t find on any vendor site — tap any dot for the rationale. The category-level grid lives on the product page.
Signzy Across Its Solution Areas
Each dot is a Signzy solution area: competitive position vs category momentum.
The core marketplace, bought per check.
Signzy Across Its Categories
Depth within each category vs how well it fits Indian regulation and data rules.
API marketplace; India residency stated.
Positions are TechBag’s illustrative synthesis of public review-platform standings and vendor documentation — not a reproduction of any analyst graphic. Verify before relying on it.
New to this? Learn it properly.
Zero-jargon starting points, in reading order. Each links into the deep education on the product page.
Where should you start with Signzy?
Answer three questions; we’ll point you at the right starting product. No email required — this isn’t that kind of quiz.
1. What is forcing the decision?
2. Where does the pain sit today?
3. How do you want to buy?
Why a marketplace differs from a platform
You buy individual checks rather than a licence covering everything. The check list in your contract becomes the thing that matters.
Read →The mule account that passes every KYC check
A real person, real documents, opened to move someone else's money. Nothing about the identity is false, so no identity check catches it.
Read →What Account Aggregator changed
Bank data shared directly with consent, instead of PDFs emailed by the borrower. Cleaner inputs, and an audit trail.
Read →Why eStamping is harder than it looks
Stamp duty is a state subject with its own rates and processes. Getting it wrong makes an agreement unenforceable, not just late.
Read →A Market Guide is not a Magic Quadrant
Signzy is featured in Gartner's 2024 KYC Market Guide. A Market Guide describes a market and ranks nobody in it.
Read →India residency, actually stated
Most identity vendors publish nothing. Signzy names India as a region and offers in-country storage on request.
Read →The acronym decoder
Every term on these pages, in one place- Signzy
- A Bengaluru identity and compliance company founded in 2015, selling KYC, fraud, lending and contracting checks as individually purchased APIs.
- API marketplace
- A model where each check is a separate API bought and billed on its own, rather than a platform licence bundling capabilities you may not use.
- Market Guide
- A Gartner report describing a market and naming notable vendors in it. It assigns no positions and ranks nobody — unlike a Magic Quadrant.
- Mule account
- A real account opened by a real person, at someone else's direction, to move someone else's money. It passes KYC because the identity is genuine.
- Account Aggregator
- India's consent-based financial data sharing framework, letting a borrower share bank data directly with a lender rather than emailing statements.
- eStamping
- Paying stamp duty electronically. In India stamp duty is a state subject, so rates and processes differ by state and errors affect enforceability.
- Aadhaar eSign
- An electronic signature backed by Aadhaar authentication, carrying legal validity under the IT Act for agreements executed digitally.
- CKYC
- India's Central KYC registry. A record filed once can be reused across financial institutions, removing repeated document collection.
- Data residence
- Where customer data is physically stored. Signzy names India as a region and offers in-country storage on request — most identity vendors state nothing.
Buy it like you’ve done this before
The procurement playbook TechBag runs with IT buyers — steps, licensing cheat-sheet, and the pitfalls that cost quarters.
List the checks, not the categories
This is a marketplace: you buy individual APIs. A category name in a quote tells you nothing about which checks you are actually licensed for, and per-call pricing varies by check.
Read the Gartner claim carefully
Signzy is featured in the 2024 Market Guide for KYC Platforms for Banking, as the only Indian company. A Market Guide ranks nobody, so nobody should sell it to you as a Leader position.
Ask for the India residency commitment in writing
India is a named region and in-country storage is available on request. That is better than most of this market offers — get the specific commitment for your deployment documented.
Collect the certification artefacts early
ISO 27001, SOC 2 Type II and the CERT-In VAPT report are what an Indian security review asks for. Requesting them at the start shortens the cycle considerably.
Model your real call volumes
Per-API pricing means cost scales with calls, including retries on failed verifications. Model the retry rate honestly rather than assuming clean first-time completion.
Get the quote — pricing is per call
Signzy publishes no price. TechBag scopes the specific API list against your volumes and returns a quote in INR with GST.
The licensing cheat-sheet
| Product | Licensing model | How you enter | Best for |
|---|---|---|---|
| Onboarding & KYC | Quote-only — per API call | KYC, KYB, liveness, OCR | Buy only the checks you need |
| Fraud & AML | Quote-only — per check | MuleShield, AML, monitoring | Catch what passes KYC cleanly |
| Lending | Quote-only — per pull | Account Aggregator, risk, bank | Consent-based income data |
| Digital Contracting | Quote-only — per document | Contract 360, eStamp, eSign | Close the last manual step |
Per-user/device plus appliances and MDR service — TechBag models the mix (managed vs self-managed) for your size.
Five pitfalls that cost buyers quarters
Reading 'Recognized KYC Leader' as a Gartner ranking
Signzy's own homepage carries that badge next to Gartner's name. The fact behind it: Signzy is the only Indian company featured in the Gartner Market Guide for KYC Platforms for Banking 2024. A Market Guide describes a market and names notable vendors; it assigns no positions and ranks nobody, and Signzy is not in Gartner's IDV Magic Quadrant. The inclusion is creditable — cite it by name and year, and do not let it be restated as a Leader position.
Buying a category instead of a list of checks
This is a marketplace, so a quote naming 'Onboarding' does not say which APIs you are licensed for or what each costs. Per-call pricing varies by check type, and a document OCR pass and a full video verification session are very different rates. Enumerate the APIs in the contract: buying only what you need is the model's advantage, and a category-level contract turns that into a liability.
Assuming residency is the default rather than an option
Signzy is better positioned here than most of this market: India is a named data-residence region and in-country storage is available for enterprise clients needing RBI localisation. But the wording is that clients can opt for it — an option to request, not a guarantee applying automatically. Get the commitment documented for your deployment before signature.
Expecting identity checks to catch mule accounts
A mule account passes KYC because everything about the identity is genuine — a real person, real documents, verified correctly. It was opened at someone else's direction to move someone else's money, and no identity check reveals that. Buying better verification does not address it; behavioural and network analysis after onboarding does, which is what MuleShield and transaction monitoring are for. Scope those explicitly if mules are your actual loss driver.
Leaving contracting until after the pilot
Teams digitise verification, celebrate a ninety-second onboarding, then discover the customer waits three days for a stamped, signed agreement. Contracting is the step that quietly stays manual, and in India it is harder than it looks: stamp duty is a state subject with its own rates and processes, and errors make an agreement unenforceable rather than late. Scope eStamping and eSign alongside verification, not as a phase two.
The evaluation kit
The flagship intel page carries an 8-question vendor checklist and an automation-savings calculator:
Skip the homework entirely
Bring your requirements and current tool bills — a TechBag advisor models the whole decision for you.
Book a discovery call →The forces shaping this market
Six trends with momentum scores (TechBag’s read of analyst and market signals) — and what each means for your next decision.
Category momentum — estimated market growth
Illustrative CAGR synthesis**Directionally consistent with public analyst forecasts; verify exact figures before quoting. The takeaway: financial crime compliance compounds fastest — which is where MuleShield and AML screening sit.
Mule accounts became the fraud problem KYC cannot solve
The identity is genuine, so every verification check passes cleanly.
What it means for you
Detection moves from onboarding to behaviour and network analysis afterwards. Better identity verification does not help, which is a hard message to hear after buying some.
Account Aggregator becomes the default income input
Consent-based bank data replaces PDFs of uncertain provenance.
What it means for you
Cleaner inputs into credit models and an audit trail showing what was shared. The provenance matters as much as the data when a decision is questioned.
Data localisation moves from preference to requirement
RBI localisation and DPDP make storage location a legal question.
What it means for you
Vendors that name a region and offer in-country storage clear procurement faster. Most identity vendors still publish nothing at all about where data sits.
Buyers want checks, not platforms
Per-call APIs let a team buy four checks instead of forty capabilities.
What it means for you
The commercial model shifts risk toward getting the check list right in the contract, since a category name no longer describes what you actually bought.
Questions buyers ask about Signzy
Ready to shortlist Signzy?
Open any of the five intel pages for the deep dive, or let a TechBag advisor build the case with you — API-list scoping, the residency commitment in writing, quotes, trials, GST invoicing and lifecycle support included.
Stats, positions and figures are illustrative syntheses of public materials; verify before purchase.