Alloy

Alloy is a global identity risk solution provider that caters to banks, fintech companies, and other financial institutions. The company offers an end-to-end solution that automates and manages decisions related to customer onboarding, fraud and Anti-Money Laundering (AML) monitoring, and credit underwriting.

Alloy's primary service is to help its clients understand the identity, fraud, compliance, and credit risk of their customers throughout their lifecycle. This is crucial in the financial sector where fraud attempts are inevitable. Alloy's solutions allow companies to respond instantly to any situation, thereby reducing the risk of financial loss.

In addition to fraud detection, Alloy also assists companies in navigating the increasingly complex global regulatory environment. The company provides tools and expertise to understand regulatory requirements and maintain compliance.

Alloy's business model revolves around transforming credit policies into easy-to-use workflows. These workflows integrate with credit bureau and alternative underwriting data, providing a clearer picture of a company's customers.

The company has a vast network of over 180 data partners covering 195 markets worldwide, making it a significant player in the industry. Alloy's services have helped companies like Brex and Novo to automate their customer approval processes and double their customer conversion rates.

In terms of revenue, Alloy makes money by charging its clients for the services it provides. The exact pricing is likely based on the scale and complexity of the services required by each client.

Keywords: Identity Risk Solution, Financial Institutions, Customer Onboarding, Fraud Monitoring, Anti-Money Laundering, Compliance, Credit Underwriting, Regulatory Requirements, Data Partners, Customer Conversion.