What is Greenlite AI ?
Greenlite is an AI-driven compliance automation platform designed to enhance financial institutions’ ability to manage anti-money laundering (AML), know-your-customer (KYC), and risk workflows efficiently. Founded by Will Lawrence and Alex Jin, Greenlite leverages large language models and over 200 datasets to automate repetitive tasks such as screening alerts, transaction monitoring, and customer due diligence. This approach allows compliance teams to focus on higher-priority risks and strategic decision-making. The platform integrates seamlessly with existing case management systems, providing robust auditability and explainability to meet regulatory standards. Trusted by banks and fintechs globally, Greenlite has been recognized for its enterprise-grade application of generative AI in financial crime compliance. In November 2023, the company secured $4.8 million in seed funding led by Greylock Partners to expand its AI-powered compliance solutions
Feature Table
| Feature | Details |
|---|---|
| Name | Greenlite.ai |
| Primary Use Case | Identity verification, fraud detection, and compliance automation |
| Verification Methods | Biometrics, ID scanning, behavioral signals |
| Fraud Detection | AI-powered pattern detection and real-time risk scoring |
| Compliance Automation | KYC, AML, and data privacy compliance workflows |
| Workflow Customization | Modular, configurable onboarding flows |
| API Integration | REST APIs for embedding into CRMs, apps, and websites |
| Decisioning & Reporting | Real-time pass/fail decisions + analytics dashboard |
Who Should Use Greenlite.ai?
Fintechs and digital banks needing fast KYC onboarding
Crypto and Web3 platforms subject to evolving regulatory scrutiny
Online marketplaces with high transaction volume and fraud risk
Insurance or lending platforms requiring document and ID validation
Enterprises automating manual onboarding processes
How to Use Greenlite.ai (Step-by-Step)
Schedule a demo and define your onboarding requirements
Integrate via API into your existing customer acquisition workflows
Configure flows (e.g., selfie match, government ID upload, behavioral scan)
Set compliance thresholds based on KYC/AML rules or custom policies
Start onboarding users — receive real-time decisions with risk scores
Monitor performance through fraud detection reports and compliance dashboards
Pricing Plans
| Plan | Ideal For | Key Features |
|---|---|---|
| Startup Tier | Small fintechs or early-stage apps | Basic ID checks, biometric verification, API integration |
| Growth Tier | Scaling platforms | Advanced fraud detection, customizable flows, dashboard access |
| Enterprise Tier | Banks, lenders, regulated entities | Full KYC/AML automation, audit support, SLAs, risk analytics |
| Custom Pricing | Contact required | Pricing based on verification volume, compliance complexity, and support needs |
Free vs Paid Comparison
| Feature | Free Trial (if offered) | Paid |
|---|---|---|
| Basic Identity Verification | ❌ | ✅ |
| Biometric and Document Scanning | ❌ | ✅ |
| KYC/AML Compliance Automation | ❌ | ✅ |
| Fraud Risk Analytics | ❌ | ✅ |
| Custom Workflow Builder | ❌ | ✅ |
Capabilities
Verify user identity through biometric data, ID documents, and behavioral analysis
Detect and block fraud attempts using AI-driven risk modeling in real time
Automate compliance with KYC/AML laws for various jurisdictions
Customize onboarding flows based on risk levels, geography, or product type
Access real-time reports, decisions, and alerts via dashboard and webhooks
Seamlessly integrate identity checks into mobile apps, web apps, or CRMs
Evolution Timeline
| Year | Milestone |
|---|---|
| 2020 | Greenlite.ai founded with a focus on intelligent identity verification |
| 2021 | Launched core verification engine with facial biometrics and ID parsing |
| 2022 | Introduced fraud detection module and behavior analytics |
| 2023 | Expanded compliance automation for crypto and neobank customers |
| 2024 | Added customizable onboarding flow builder and decisioning logic |
| 2025 | Focused on enterprise integrations, expanded KYC coverage across new markets |
Pros and Cons
| Pros | Cons |
|---|---|
| Fast, accurate identity verification using biometrics and behavioral AI | Requires some technical effort to integrate APIs |
| Real-time fraud detection with customizable scoring models | Pricing details not public — must contact sales for quotes |
| Automates KYC/AML processes to reduce compliance risk | May need additional support for hyper-local or fringe regulations |
| Full API access for seamless onboarding integration | Setup customization may take time depending on complexity |
| Comprehensive decisioning and reporting dashboards | No free tier or trial publicly advertised |
Summary for Target Users
✅ For fintechs, neobanks, and crypto platforms handling sensitive onboarding
✅ For teams replacing manual verification with scalable automation
✅ For companies that want real-time fraud protection and compliance tools
❌ Not built for extremely low-volume or casual onboarding needs
❌ Not suited for organizations unwilling to implement API integrations
Official Resources
Conclusion
Greenlite.ai is a powerful AI-first identity verification platform designed for businesses that need fast, secure, and compliant customer onboarding. Its combination of biometric validation, fraud detection, and automated compliance workflows makes it ideal for fintechs, crypto platforms, and regulated digital businesses looking to scale safely. With its flexible architecture and real-time decisioning, Greenlite.ai is built to support onboarding at speed — without compromising trust or regulatory integrity.