Global companies are progressively depending on the services of on-demand contractors. They need to hire immediately, but are often held up by background checks that are slow and expensive to use. Onfido, a London based background checking tech, allows thousands of companies that make up the $26 billion sharing economy market to carry out global, remote verification on the workers that use their platforms. Just launched in 2012, Onfido was set up by young entrepreneurs Husayan Kassai, Eamon Jubbawy, and Ruhul Amin, after graduating from Oxford University. The company gained investment from high profile investors like Google UK managing director Dan Cobley, Greg Marsh, co-founder of Onefinestay and Brent Hoberman, co-founder of Lastminute.com. Onfido will use its latest investment to further penetrate the US market and expand into other European countries later this year.