Leading Business Identity Platform Recognized for Revolutionizing Business Verification and Risk Assessment
NEW YORK, March 18, 2025 -- Middesk, a premier business identity platform, today announced it has been named to Fast Company's prestigious list of the World's Most Innovative Companies for 2025. Each year, Fast Company spotlights the companies redefining industries through technology and bold innovation. This recognition highlights Middesk's pivotal role in modernizing Know-Your-Business (KYB) for financial institutions, fintechs, marketplaces, and beyond.
As financial institutions and businesses face rising fraud risks and increasingly complex compliance requirements, Middesk is leading the way with a suite of products that enable companies to verify business legitimacy, assess risk with confidence, and make faster, more informed decisions. Middesk helps financial institutions and businesses reduce fraud, accelerate onboarding, and unlock new revenue opportunities while meeting compliance obligations.
"Being named one of the World's Most Innovative Companies is a testament to Middesk's relentless focus on solving one of the biggest challenges in business today—trust," said Kyle Mack, CEO and co-founder of Middesk. "Verification isn't just about compliance—it's a competitive advantage. Our mission is to provide instant access to all of the data, insights, and documents needed to onboard and transact with any business in the world. By removing friction from business onboarding, we enable companies to confidently serve more customers and expand their markets. This recognition reinforces our commitment to leveraging business identity as a tool to fuel trust between businesses."
Middesk is transforming how businesses verify and onboard new customers, providing essential identity, risk and compliance insights in seconds—rather than weeks or months. Middesk's innovative solutions have garnered significant traction in the market, counting two of the three largest U.S. banks, over 100 regional banks and credit unions, hundreds of fintechs, and leading marketplaces as customers.
"The ability to verify a business quickly, accurately, and at scale is no longer optional—it's mission-critical," said Kurt Ruppel, CTO and co-founder of Middesk. "We've built a platform that goes beyond surface-level checks, using the most comprehensive and up-to-date business data available across a wide range of sources."
Middesk is backed by top-tier investors, including Accel and Sequoia, and has raised over $70 million in funding. Middesk was named to the Forbes 2024 Fintech 50 and received Best Data Product for Lenders by Tearsheet. Additionally, Middesk was recognized as a Banking Tech Startup of the Year by the Banking Tech Awards 2025.
For more information about Middesk and its innovative business identity solutions, visit www.middesk.com.
About Middesk:
Middesk is a leading business identity platform modernizing business verification, risk evaluation, and compliance. Its fast and frictionless identity-as-a-service APIs address KYB, credit assessment, and tax registration services, updated in days rather than months. More than 500 customers in the fintech, banking, lending, marketplace, insurance, and payroll sectors trust Middesk to help them safely verify, underwrite, and grow their businesses with names that include Plaid, Bluevine, Rippling, and Novo. Middesk has been recognized as a top U.S. fintech by Forbes as one of its Fintech 50. For more information, visit middesk.com.
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