News and resources on digital identity, trust, biometrics and Secure Customer Authentication.

Prove Identity raises $40m

Digital ID specialist Prove Identity has raised $40 million in a funding round led by MassMutual Ventures and Capital One Ventures.

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Prove Identity raises $40m


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Prove’s identity verification and authentication platform is used by nine of the top 10 US banks, two of the top three global cryptocurrency exchanges and a host of insurance giants.

The firm has recently struck deals with Visa and Experian and launched a tool for passwordless login and omnichannel authentication;

The new funding will be used to launch new commerce enablement and fraud-fighting use cases and to push global expansion.

Rodger Desai, CEO, Prove, says: “As our daily lives become increasingly digital, Prove's mission is to be the global standard for fast, secure, and privacy-first digital identity.

“This funding will further our work toward comprehensive digital identity solutions that secure the future for all.”

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