Tag: Veriff

Estonian identity verification firm Veriff has launched its new Anti Money Laundering (AML) compliance to aid companies in complying with AML regulations.

Investing platform HeyTrade has implemented Veriff’s global identity verification services as part of a new deal to improve onboarding.

Estonian core banking provider Modularbank has teamed with identity verification software company and compatriot Veriff to boost its compliance and know-your-customer (KYC) offering.

A study from Juniper Research has discovered the number of users of software-based facial recognition to secure payments will exceed 1.4bn people globally by 2025.

Estonian identity verification business Veriff has closed a $69m Series B financing round led by IVP and Accel.

Veriff unveiled Face Match, an AI-powered feature that authenticates a person online with the aim to mitigate fraud and identity theft.

FinTech companies in the Baltics raised $175.3m across 45 deals last year.

In the midst of the Covid-19 crisis, these 32 RegTech companies have successfully secured funding over the last month.

While the downfall of Wirecard may the big story in the FinTech industry, it would be a mistake to not take a closer look at the investment rounds announced in the sector over the past seven days.

Veriff closed its new funding round on $15.5m as it prepares to increase its growth and sales to enterprise customers before it raises a larger Series B round in the future.