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Cybersecurity · head to head

iDenfy vs Periscope Holdings

iDenfy logo

iDenfy

Cybersecurity

Identity verification and AML screening bundled into a single per-verification price

From
On request
Free plan
No
Full reviewWebsite
Periscope Holdings logo

Periscope Holdings

Government

Statewide e-procurement systems and supplier networks for large public agencies

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Each has a real cost: iDenfy rates are quoted rather than published on an accessible page, so despite the marketing emphasis on transparency you still need a sales conversation to get a number.; Periscope Holdings it is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • They diverge on capability: iDenfy covers Document verification, Periscope Holdings covers Sealed bid solicitation.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which iDenfy and Periscope Holdings actually diverge.

Attributes where iDenfy and Periscope Holdings differ
AttributeiDenfyPeriscope Holdings
Pricing modelPer verificationquote
PlatformsWeb, iOS, Android, APIWeb
CategoryCybersecurityGovernment

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in iDenfy

  • Document verification
  • Human review on all cases
  • AML screening
  • Business verification
  • Proof of address
  • NFC chip reading

Only in Periscope Holdings

  • Sealed bid solicitation
  • Supplier registration network
  • Contract catalogues
  • Cooperative purchasing
  • Spend and compliance reporting
  • Supplier diversity tracking

What people use each for

The jobs each tool is most often brought in to do.

iDenfy

  • A European fintech that needs KYC and AML screening and wants one price rather than four line itemsnot Periscope Holdings
  • A gambling operator in a regulated EU market needing age and identity assurance with EU data processingnot Periscope Holdings
  • A crypto platform with modest volume that cannot meet the minimum commitments larger vendors requirenot Periscope Holdings
  • A marketplace wanting NFC passport chip reading for higher assurance without an enterprise contractnot Periscope Holdings

Periscope Holdings

  • A state building a central procurement portal serving many agencies and local entitiesnot iDenfy
  • A large agency needing statutory sealed bidding with a public opening recordnot iDenfy
  • A purchasing programme that must report spend and supplier diversity across entitiesnot iDenfy
  • A state wanting local governments to buy from its awarded cooperative contractsnot iDenfy

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

iDenfy

  • Rates are quoted rather than published on an accessible page, so despite the marketing emphasis on transparency you still need a sales conversation to get a number.
  • It is a smaller vendor than the market leaders, which makes it a harder sell through enterprise vendor-risk review even when the product performs well.
  • Human review on every case caps throughput in a way fully automated competitors are not constrained by, which shows up as latency during volume spikes.
  • Coverage and accuracy are strongest on European documents; performance on some Asian, African and Latin American document types trails specialists in those regions.
  • The bundled AML screening uses its chosen data sources, so institutions mandated to use a specific list provider such as Dow Jones cannot substitute it and end up paying twice.

Periscope Holdings

  • It is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • The interface reflects the age and regulatory weight of the platform, and suppliers routinely describe registration and bidding as harder than on newer portals, which can suppress bid response.
  • Ownership has changed twice since 2021, from independent to mdf commerce to KKR, so roadmap and support continuity should be written into the contract rather than assumed.
  • Sibling products inside mdf commerce cover adjacent procurement ground, which means an apparently competitive shortlist may contain two products with the same owner.
  • Statewide implementations are multi year projects with heavy configuration and change management, and the professional services cost commonly exceeds the software over the contract term.

Pricing, plan by plan

iDenfy

On request
  • iDenfy Verification$undefined/verification
    • Volume-tiered per-verification rates quoted on request
    • AML screening bundled rather than charged per check
    • No monthly minimum advertised

Periscope Holdings

On request
  • BuySpeed$undefined/year
    • Quoted per programme, scaled to entities served and transaction volume
    • Multi year statewide contracts with implementation priced separately
    • Supplier side registration fees form part of the commercial model on some programmes

Which should you pick?

Choose iDenfy if

  • You need document verification.
  • You work on Web, iOS, Android, API.
  • You also want human review on all cases.
iDenfy review

Choose Periscope Holdings if

  • You need sealed bid solicitation.
  • You also want supplier registration network.
Periscope Holdings review

Questions people ask

Is iDenfy or Periscope Holdings better?
Neither clearly leads. iDenfy starts at On request and Periscope Holdings at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, iDenfy or Periscope Holdings?
iDenfy starts at On request and Periscope Holdings at On request.
Does iDenfy or Periscope Holdings run on more platforms?
iDenfy runs on Web, iOS, Android, API. Periscope Holdings runs on Web.
What is iDenfy best used for?
iDenfy is most often used for a european fintech that needs kyc and aml screening and wants one price rather than four line items, a gambling operator in a regulated eu market needing age and identity assurance with eu data processing, a crypto platform with modest volume that cannot meet the minimum commitments larger vendors require, a marketplace wanting nfc passport chip reading for higher assurance without an enterprise contract. Of those, a european fintech that needs kyc and aml screening and wants one price rather than four line items and a gambling operator in a regulated eu market needing age and identity assurance with eu data processing are not what Periscope Holdings is typically brought in for.
What can iDenfy do that Periscope Holdings cannot?
iDenfy covers Document verification, Human review on all cases, AML screening, Business verification. Periscope Holdings covers Sealed bid solicitation, Supplier registration network, Contract catalogues, Cooperative purchasing.

Answered from the vendors’ own pages

iDenfy: Is AML screening included in the verification price?

That is the pitch, screening bundled rather than sold as a per-check add-on. Confirm which sanctions and PEP data sources are behind it before you rely on it.

Periscope Holdings: Who owns Periscope Holdings?

mdf commerce acquired it in 2021, and mdf commerce was itself acquired by KKR in 2024.

iDenfy: Is there a monthly minimum?

iDenfy markets itself as having no monthly minimum, in contrast to competitors charging $49 to $299 a month. Get that in writing in the contract.

Periscope Holdings: Is it suitable for a single city?

Usually not. It is built and priced for statewide or very large agency programmes.

iDenfy: Where is data processed?

iDenfy is established in Lithuania and processes in the EU, which simplifies GDPR transfer assessments compared with United States-headquartered vendors.

Periscope Holdings: What is BuySpeed?

The e-procurement platform behind its statewide deployments, covering solicitation through catalogue ordering and reporting.

Periscope Holdings: Can we see what a state paid?

Yes. State procurement awards are public records and typically disclose the full multi year contract value.

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