Digital identity company Onfido has secured £80mn ($100mn) funding.
In Brief:
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This will be used to boost ID technology.
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Onfido will look to create ‘immunity passports’ for governments in light of Coronavirus.
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The funding round was led by TPG Growth and brings total raised up to £200mn.
What does this mean?
Being able to verify someone’s identity remotely is more important than ever during lockdown, but so far a very small minority of people actually use it. This could be one of many digital developments that is spurred on through necessity during the global pandemic.
