Onfido

Confirmed: Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400M

Onfido, an early mover in the world of identity verification using computer vision, machine learning and other AI tools, is getting acquired, TechCrunch has learned and confirmed. Entrust — the

TrueCircle scoops $5.5M to use AI to drive recycling efficiency

UK-based TrueCircle, a computer vision startup founded just last year, has nabbed $5.5 million in pre-seed funding in a bid to bring data-driven AI to the recycling industry to improve recovery rates

Identity verification provider Veriff raises $100M Series C co-led by Tiger Global and Alkeon

Identity verification (IDV) provider Veriff, has raised a $100 million Series C round co-led by Tiger Global and Alkeon. They were joined by existing investors IVP and Accel, bringing Veriff’s total

Passbase gets $10M as it refocuses its ID verification tools on crypto

Digital identity startup Passbase, which offers SDKs for running remote identity checks, has raised $10 million in Series A funding as it dials up attention on crypto compliance — touting tools

German identity verifier IDnow acquires France’s ARIADNEXT for $59 million, hits M&A road

IDnow, a German-based identity verification startup is acquiring ARIADNEXT, a French equivalent, specializing in remote identity verification and digital identity creation. A price was not released by

Australian ID verification startup OCR Labs raises $15M Series A to expand into UK/Turkey/Europe

With the gig economy came the need for ID verification, thus startups like OnFido appeared, alongside several others. But this sector is by no means done yet. Now, OCR Labs, which emerged from Austral

Fraud prevention platform Seon raises a $12M Series A round led by Creandum

Seon, which lets online businesses fight online fraud like fake accounts has raised a $12 million Series A round led by Creandum, with participation from PortfoLion, part of OTP Bank. The funding appe

Onfido’s Husayn Kassai steps back, brings in new CEO ahead of a planned IPO

There are big changes today at Onfido, the global identity verification and authentication platform which has rocketed in adoption as so many services become digitized during the pandemic. The company

Daily Crunch: Airbnb takes a $1B loan

Airbnb takes on new debt as it adapts to a world without tourism, Apple announces a new entry-level iPhone and Google lowers Nest camera quality. Here’s your Daily Crunch for April 15, 2020. 1.

Onfido, the AI-based ID verification platform, raises $100M led by TPG

Contactless transactions have become a major priority at a time when people all around the world are minimising their contact with others outside their households to slow down the often-insidious spre

Online ID verification is seeing a spike in demand driven by COVID-19

With many businesses switching staff to remote working during the COVID-19 pandemic there’s been a clearly chronicled surge in demand for videoconferencing and others comms tools like Zoom. Othe

Meet the first wave of speakers & enter your startup for The Europas Awards, 25 June

Excitement for The Europas Awards for European Tech Startups is heating up. Here is the first wave of speakers and judges — with more coming! The Awards — which have been running for over 10 y

IDnow pulls in $40M growth equity for its identity verification platform

Identity Verification-as-a-Service (“IVAAS”?!) is a pretty tortuous phrase. But it’s now established as a key tech area for the tech industry as startups like Onfido, Jumio and others have p

Crane, a new early-stage London VC focused on ‘intelligent’ enterprise startups, raises $90M fund

Crane Venture Partners, a newish London-based early-stage VC targeting what it calls “intelligent” enterprise startups, is officially outing today. Founded by Scott Sage and Krishna Visvan

Onfido, which verifies IDs using AI, nabs $50M from SBI, Salesforce, Microsoft and more

Security breaches, where malicious hackers obtain snippets of information that then get used to impersonate individuals in order to gain access to individuals’ and businesses’ sensitive fi

After challenger banks comes the wave of anti-fraud startups

Onfido raises $30M more for its AI-based identity verification technology

Malicious hackers and security breaches that have exposed personal information of millions of people have pushed the issue of online security into the spotlight, not just for individuals but for organ

UK’s Onfido raises $25M as it brings its background checking platform to the US

The rise of on-demand startups and other fast-growing businesses like online marketplaces has created a need for reliable ways to verify new hires and customers to make sure they are cut out fo

Onfido Raises $4.5 Million To Take Its Automated Background Checks Global

Onfido enables companies to quickly verify the identity of workers and run criminal and other necessary background checks. Instead of doing manual checks like most traditional agencies, Onfido has cre