28 January 2020

Persona raises $17.5mn

Written By FinTech Alliance in Cyber Security

Persona raises $17.5mn

US identity verification startup Persona has closed its Series A funding round.

In Brief:

  • The funding came from First Round Capital, Coatue and others.

  • Persona aims to secure every internet transaction.

  • The company’s platform plugs into a client’s code base to offer ID verification across many use cases.

What does this mean?

The company intends to use the funding to expand its efforts in helping businesses identify individuals securely and seamlessly.
Rick Song, CEO and Co-Founder, commented: “To make IDV (identity verification) less transactional and more human, Persona is focusing on our customers’ experience, to make them feel safe while they verify themselves – quite a positive disruption to the status quo, resulting in better security for all parties.”

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in Cyber Security

SafeBase secures $33mn in Series B

02 May 2024

Revolutionising security reviews. In brief:SafeBase, a firm known for enabling friction-free security ...

Posted By The Community

Ransomware attacks: why businesses need a crisis management plan

02 April 2024

Ransomware attacks – in which hackers attempt to seize control of, and withhold access to, a target’...

Written By: Lockton

Clarity secures $16mn in seed funding

16 February 2024

In order to combat Deepfakes with AI cybersecurity.In brief:- Specialising ...

Klarytee Raises £700K Pre-Seed Funding

05 December 2023

Klarytee, a London, UK-based provider of a software platform that ...

White Papers Cyber Security

20 Best practice recommendations for improved cyber security protection

08 September 2021

P20 shared their new report on the 20 Best Practice Recommendations for Improved Cyber Security Prot...

Videos Cyber Security

COVID-19 - Anti-financial crime best practices

18 May 2021

How to Secure Online Bank UsersJoin experts from Tide, Fintrail and Jumio who will be sharing some i...

Articles Cyber Security

CyberSecurity in FinTech - How to Develop a Secure FinTech App

05 May 2021

Developing a secure FinTech application is a complicated, time-consuming, and, most importantly, exp...

Articles Cyber Security

Better by design? Re-thinking AML for a digital age

29 April 2021

We ask how the approach to AML can be improved: Can broader adoption of Artificial Intelligence and...

There are no Events in this category