Middesk Transforms Business Verification in 2025
Middesk, a leading platform specializing in business identity, made headlines recently by securing a coveted position on Fast Company's list of the World's Most Innovative Companies for 2025. This annual list showcases companies that are not only setting new standards in their respective industries but also driving significant advancements through technology and bold innovation.
This recognition underscores Middesk’s critical role in reshaping the way financial institutions and businesses conduct Know-Your-Business (KYB) processes. As the landscape of business grows more complex, characterized by rising fraud risks and stringent compliance requirements, Middesk is at the forefront of providing solutions that enable companies to verify the legitimacy of businesses. The platform is designed to empower organizations to assess risk confidently while expediting the onboarding process, thus promoting quicker and more informed decision-making.
"Being named among the World's Most Innovative Companies speaks volumes about our dedication to tackling one of the most pressing challenges in today's business environment—trust," said Kyle Mack, CEO and co-founder of Middesk. He emphasized that verification extends beyond mere compliance; it serves as a competitive edge in a crowded marketplace.
Middesk aims to furnish users with immediate access to all necessary insights, documents, and data to facilitate business transactions globally. The objective is to streamline onboarding processes, thereby allowing companies to serve a broader customer base and expand their market reach.
Middesk's innovative approach has drastically transformed the traditional verification timeline, which often stretched into weeks or months. By leveraging sophisticated technology,
Middesk delivers critical identity and risk assessment insights within seconds, thus redefining the efficiency of customer onboarding. This leap in speed and reliability has attracted a substantial client roster, including two of the three largest banks in the U.S., along with hundreds of regional banks, credit unions, fintech companies, and leading marketplaces.
Kurt Ruppel, CTO and co-founder of Middesk, highlighted the importance of rapid and accurate verification, stating, "The ability to efficiently verify businesses is now a non-negotiable necessity for companies that aim to remain competitive." He noted that the platform goes far beyond superficial checks by utilizing comprehensive data from various sources, ensuring the most accurate and up-to-date business intelligence is available.
Middesk is supported by elite investors such as Accel and Sequoia, and has successfully raised over $70 million in funding to date. Recent accolades include being listed in Forbes’ Fintech 50 for 2024 and winning the Best Data Product for Lenders award by Tearsheet. Furthermore, the company was acknowledged as the Banking Tech Startup of the Year at the Banking Tech Awards 2025, marking a year of significant achievements.
For additional insights into Middesk and its innovative business identity solutions, interested parties can visit the official website at
www.middesk.com.
About Middesk
Founded to revolutionize the conventional methods of business verification, Middesk offers a suite of identity-as-a-service APIs that cater to KYB, credit assessment, and tax registration needs. With service turnarounds now taking days instead of months, Middesk has earned the trust of over 500 clients spanning various sectors including fintech, banking, lending, and insurance. Notable clients include names like Plaid, Bluevine, Rippling, and Novo. The company’s focus on innovation and transparency has positioned it as a frontrunner in the U.S. fintech landscape.
For inquiries, please contact:
Vansary for Middesk
Liang.Zhao@vansary.com
505-720-6933