Daon

Overview

Daon is a technology company based in Serbia, established in 2000, that specializes in identity verification and authentication solutions within the Computers and Technology sector. With a workforce of approximately 201 employees and reported revenue of $57 million, Daon focuses on providing secure digital identity services that comply with regulatory requirements such as Anti-Money Laundering (AML) and Know Your Customer (KYC) standards. The company’s offerings include a cloud-based identity platform that utilizes advanced biometric technologies, including server-based face biometric authentication and multi-factor authentication (MFA), aimed at enhancing security for financial services. A notable case study highlights Daon’s collaboration with a digital-only neobank in Southeast Asia, where its Identity Continuity solution facilitated secure account recovery and transaction authentication, ensuring a passwordless user experience. Daon’s technology is designed to support a wide range of identity documents and has been implemented to manage millions of authentication transactions monthly, showcasing its capabilities in the digital identity landscape.

Industry