Tag: Veriff

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.

Veriff, a Tallinn, Estonia-based online identity verification startup, has raised $7.7m in funding.