Niva

After four incredible years at Enigma, building some of the most powerful data on businesses in the United States with an extraordinary team, I decided to start something new with Akhil Naini. Today, we’re thrilled to introduce Niva—a business identity platform with a global focus. Being an immigrant, I've seen firsthand how trust in businesses is an even bigger problem outside the United States. At Enigma, countless customers asked for a similar product in other countries. Transactions between businesses power the majority of global commerce, with over 97% of cross-border transactions involving businesses that need to be verified to meet regulatory requirements (KYB) and prevent fraud. Today's process to verify these businesses is flawed. It lacks accurate data and is extremely manual, with teams of analysts investigating each business and interpreting complex local legal and financial documents. At Niva, our mission is to make it effortless to trust legitimate businesses anywhere in the world. With the latest advancements in AI and an exceptional early team, we’re excited to reimagine global business identity. With this launch, we’re also announcing our fundraise led by Gradient Ventures, Google’s AI fund, with participation from Picus Capital, Canary, Gilgamesh Ventures, and key executives from Chime, Deel, Enigma, and Faire, among others. Huge thanks to Darian Shirazi, Julian Roeoes, Florian Hagenbuch, Miguel Armaza, and Andrew Endicott for believing in our vision. Thank you to Axios and Ryan Lawler for covering Niva’s story, and thank you to all our friends and early supporters for helping us in the first chapter of this adventure. Axios: https://lnkd.in/gts8Fd8q Our blog: https://lnkd.in/geXxwquT Join us on this exciting journey to transform global commerce. 🌐✨

Introducing Niva's Guide to KYB in Mexico! 🇲🇽 Navigating the complexities of Know Your Business (KYB) regulatory requirements in Mexico can be challenging. That's why we've created a straightforward guide to help you get started or refine your existing process. In this guide, you'll find: 1. An overview of key KYB regulations in Mexico 2. Simple steps to ensure your business meets compliance standards 3. The biggest challenges in meeting these standards 4. Tips on using automation to streamline the process 👉 Check it out here: https://lnkd.in/gXtq-4wS (English) https://lnkd.in/gu8Xrbhg (Spanish) Let’s make compliance and trust seamless between businesses in Mexico!

We’re excited to announce that we’re #hiring another engineer to join our founding team in New York! I want to share a little about why I started Niva with Abhinav Rai: 1. It's a chance to use modern AI to solve a real-world problem. I’ve felt the pain of manually verifying businesses throughout my fintech career. At Gusto, we built an internal tool called ZenSA to make this process more efficient, but the technology wasn’t quite there to fully automate it. 2. The problem is huge and a major friction point for scaling global commerce. In just the first few months, we've partnered with several fast-growing international fintechs and fully automated their business onboarding. It's been a challenge to keep up with the demand 🚀🚀 Onboarding is just the start - our mission is to scale global commerce by building trust between businesses worldwide! DM me for details.