Polish FinTech Authologic secures $8.2m to combat AI-driven fraud

By Gloria Methri

Authologic, a digital identity verification platform streamlining KYC and AML processes, announced an $8.2 million Series A funding round. OpenOcean led the round, which also included YCombinator, Peak Capital, and SMOK VC.

Authologic addresses the critical flaw in legacy KYC systems that rely on document images for digital identity. With AI making it easy to create fake documents, these outdated methods are increasingly vulnerable to fraud, identity theft, and compliance failures.

The fragmentation of identity verification systems across borders and platforms adds complexity to this challenge, especially in industries with strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, like financial services, gaming, telecoms, and crypto.

Authologic’s unified e-ID platform aggregates hundreds of e-ID systems, helping businesses bridge the gap between legacy systems and the future of digital identity. Its secure digital verification process preserves privacy and builds trust, eliminating outdated methods like plastic IDs and photo uploads that expose unnecessary personal data. By integrating seamlessly with existing KYC infrastructures, Authologic allows companies to adopt secure e-ID solutions wherever possible, easing the transition towards digital IDs.

With offices in Warsaw, Poland, London, UK, and San Francisco, US, this investment positions Authologic to expand its offering internationally.

Krzysztof Klimczak, CEO and Co-Founder of Authologic, said, “Identity is the foundation of a well-functioning society. If we can’t be sure who we’re dealing with online, it undermines trust in marketplaces, social interactions, and even democracy itself. That’s why digital identities must be easy to use, and the practice of taking photographs of plastic ID cards should be left in the past. Our platform is designed to help firms counteract the increase in AI-driven fraud, offering them a seamless, secure, and automated solution that stays ahead of emerging fraud tactics. We are excited to have the support of our investors as we expand our reach and continue to innovate in the digital identity space.”