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"