LoginID raises USD 6 mln in seed funding round

Monday 15 March 2021 09:25 CET | News

US-based LoginID, a FIDO-certified authentication provider, has announced a USD 6 million round of seed funding to work on its passwordless solution.

Strategic investors in LoginID include veteran payment and fintech entrepreneurs around the world. LoginID’s approach adds secure, FIDO-certified biometrics to websites, applications of e-commerce, or banking brand.

LoginID provides a range of APIs and SDKs which help businesses to integrate FIDO-certified authentication in around 15 minutes. With this, brands can add a new layer of security and reduce fraud using biometrics. The solution is iOS and Android certified and in compliance with PSD2 and GDPR regulations.

LoginID is a company focused on bridging the gap around authenticating users and securing their information. This is facilitated through its FIDO2 and UAF certified strong customer authentication, privacy and tokenisation platform.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: LoginID, FIDO, API, biometrics, PSD2
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech

Industry Events