Identiq Protocol
acquired by IncodeFounded 2018 · 18 employees on LinkedIn · 10 known investors
Identiq operates a collaborative trust and identity network that helps companies make better decisions about customer identity while maintaining privacy. The platform enables fraud prevention and risk teams across organizations to share knowledge and signals about customer trust without compromising data privacy.
Also known as Identiq
Founders & leadership
Identiq Protocol was founded in 2018 by Itay Levy.
Investors · 10
Also in the syndicate · 2
Funding
SEC filings, press & company announcements$47M disclosed across 1 round · 2021
- $47MSeries AMar 2021 · 2 sources
Amdocs, Sony
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Identiq Protocol developed privacy-first fraud detection technology based on a cryptographic peer-to-peer fraud intelligence network. The approach allowed participating organizations to validate and exchange fraud and identity signals about customers with one another without pooling or transferring underlying customer data, positioning privacy protection and fraud prevention as complementary rather than opposing objectives.
The company is now part of Incode, which acquired Identiq. Following the acquisition, Identiq's cryptographic fraud intelligence is offered as part of the Incode platform alongside Incode's AI-powered identity verification, liveness detection and document-matching capabilities, and Identiq customers are directed to Incode for continued service.
Business model
Identiq provided fraud detection and identity validation capabilities to enterprises through a network model in which member organizations could corroborate customer identity signals with peers without sharing customer data. Post-acquisition, the capability is delivered as part of the Incode platform.
▸Full profile — market position, technology, go-to-market
Market position
The network allowed organizations to fight fraud collaboratively across institutions while avoiding centralized pooling or exchange of customer data, an architecture described as privacy by design.
Technology
Cryptographic peer-to-peer fraud intelligence enabling cross-institution fraud signal sharing without pooling customer data; combined after the acquisition with Incode's AI-based verification, liveness and document-matching technology.
Go-to-market
Large enterprises and institutions with fraud prevention and identity risk needs. Incode, which now includes Identiq's technology, reports serving 8 of the 10 top US banks, 8 of the 9 top US telcos, 3 of the 3 top neobanks worldwide and 4 of the 5 top marketplaces worldwide.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 2
by search overlapCompanies competing with Identiq Protocol for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 1
launches, deals, and filingsIncode acquired Identiq, combining Identiq's cryptographic peer-to-peer fraud intelligence with Incode's AI-powered identity verification, liveness and document-matching capabilities, with the stated aim of letting institutions share fraud signals without pooling customer data.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
Identiq Identity Verification Solution Acquired by Incodefraudbeat.com · Jul 2026▸Research sources · 1
primary sources listed
- Identiq Protocolidentiq.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Identiq Protocol do?
- Identiq built a privacy-preserving, cryptographic peer-to-peer fraud intelligence network and is now part of Incode.
- Who founded Identiq Protocol?
- Identiq Protocol was founded by Itay Levy in 2018.
- Who are Identiq Protocol's investors?
- Identiq Protocol's investors include Entrée Capital, Evolution Equity Partners, Horizon Capital, Insight Partners, Sony Ventures Corporation, Slow Ventures, Vertex Ventures, Vertex Ventures Israel.
- How much funding has Identiq Protocol raised?
- Identiq Protocol has disclosed $47M raised across 1 round.
- Who acquired Identiq Protocol?
- Identiq Protocol was acquired by Incode.