Lithuanian Tech Startup iDenfy Announces Partnership with Emirex

KAUNAS, Lithuania - April 16, 2021 - PRLog -- The team at iDenfy is proud to announce their partnership with Emirex, the leading tokenization and blockchain advisory in the MENA region. Lithuania's iDenfy will now be providing identity verification services for Emirex.

Emirex operates out of Dubai, UAE and takes pride in their adoption of innovative
technologies and building support frameworks for their development. Emirex recently
made the decision to provide identification verification to protect their services from
being used in a fraudulent manner, or to engage in criminal activity. Since iDenfy's
services are compliant with KYC processes, Emirex is able to reject applicants who
display questionable behavior or have participated in unlawful activities. Partnering with
iDenfy allows the team at Emirex to monitor their clients' activities to avoid security
breaches.

Emirex representatives have shared that their onboarding process will now reflect the
new partnership by guiding new clients through an advanced identification process.
Within approximately a few minutes, the user will receive a confirmation of completion
where they will learn if their identity verification passed or failed.

This new partnership between iDenfy and Emirex will now provide Emirex clients with
innovative technology to make their online transactions more secure with fast, efficient,
user-friendly processes.

iDenfys' CEO Domantas Ciulde states "We are so proud to partner with Emirex and
provide consumers with more peace of mind as they engage in daily transactions
online. Our mission since the inception of iDenfy has always been making the digital world a safer place. With fraudulent activity running rampant, it is now more important
than ever to make security a priority."

Emirex's CSO Kirill Mishanin states "We focus on providing our clients in the MENA
region and around the globe with an excellent, fast and convenient onboarding service
and an easy way to invest in digital assets. iDenfy is our great partner in this, and we
believe this cooperation will be long-running and fruitful."