You scanned your passport for Revolut. Onfido processed it. Onfido was bought by Entrust — a company that does identity work for governments. Your crypto exchange verification is now in a government contractor's system. You signed up for a fintech app. Your face ended up in a defence contractor's database. Nobody told you about the acquisition.
What they claim: Onfido promotes AI-powered identity verification trusted by financial services
What we found: Onfido processes identity documents and facial biometrics for companies including Revolut, Bitstamp, and Zipcar. In 2024, Onfido was acquired by Entrust — a US digital security company that also provides identity solutions to governments. The acquisition means biometric data collected for fintech verification is now held by a company that works with government agencies. Users who verified identity for a crypto exchange are now in a government contractor's database.