AuthenticID secures USD 100 mln in funding

Monday 26 July 2021 11:32 CET | News

AuthenticID, a provider of identity proofing solutions, has raised USD 100 million in funding.

The company intends to use the funds to continue expansion within telecommunications, financial services, government, and other consumer segments looking to establish trust and mitigate fraud, as well as to support the next generation of digital identity platforms.

AuthenticID provides identity proofing solutions to enterprises, including telecom carriers and financial institutions and digital identity platforms globally. Its document-centric identity verification is delivered via an automated identity proofing platform, producing accuracy rates and fast processing times.

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Keywords: identity verification, funding, digital identity, fraud prevention
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions