5 years ago

Onfido Secures $100 Million in Funding Led by TPG Growth

  • Onfido, a London and San Francisco-based identity verification startup, raised $100 million in funding led by TPG Growth

  • The company plans to use the funds to expand operations and its business reach

  • Onfido's platform uses AI to analyze facial biometrics and compare it to government-issued IDs to verify identity

  • Their clients include companies like Revolut, Zipcar, and Bitstamp.

    • ProblemFinancial Services

      "making it easy for businesses to verify customers' identities"

      Solution

      "using AI-based facial biometrics and government-issued ID comparisons"

      Covered on