Equal, a Hyderabad-based startup, aims to address all this with its suite of identity verification and financial data-sharing products.

The two-year-old startup helps businesses streamline know-your-customer (KYC) requirements, fraud prevention, and regulatory compliance by integrating more than 50 identity databases and thousands of API providers. The startup also recently acquired an undisclosed stake in account aggregator OneMoney to combine its identity verification services with the latter’s consent-based financial data sharing.