3 years ago

Valid8Me Secures £10.6 Million to Expand KYC Solution to the UK and EU

  • Irish regtech startup Valid8Me has raised £10.6 million in a Series A funding round led by Grant Thornton Ireland

  • The funding will be used to support the company's expansion into the UK and EU

  • Valid8Me's platform allows users to store KYC data and reuse their digital identity across different businesses, aiming to streamline the KYC process and reduce compliance costs for businesses.

      • ProblemTechnology

      "Consumers repeatedly share their most sensitive data through insecure channels to prove their identity, leading to inefficiencies and security risks."

      Solution

      "Valid8Me provides a platform for consumers to create and reuse their digital identity securely across different businesses, streamlining KYC processes and reducing compliance costs."

      Covered on