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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.

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Keywords: LoginID, FIDO, API, biometrics, PSD2
Categories: Banking & Fintech
Companies:
Countries: United States
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Banking & Fintech






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