/identity

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.

Be the first to comment

Prove Identity raises $40m

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

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.”

Sponsored [On-Demand Webinar] Consumer data privacy: Why protecting trust is essential

Related Company

Comments: (0)

[Webinar] SEPA Instant Payments: Are banks ready?Finextra Promoted[Webinar] SEPA Instant Payments: Are banks ready?