Vouchsafe, a London, UK-based supplier of an id verification platform, raised £1M in pre-seed funding.
The spherical was led by Bethnal Inexperienced Ventures (BGV) and supported by Biometric Ventures, Gas Ventures, Seed X Liechtenstein, together with angel investor Andrew Chevis, CEO of CitizenCard.
The corporate intends to make use of the funds to develop operations and its growth efforts.
Vouchsafe gives an id verification platform devoted to fixing world ID poverty serving to companies safely onboard extra customers with out counting on photograph ID. To do that, it:
- accepts a wider vary of proof than incumbents, together with real-time digital proof like eVisas.
- affords fallback choices like a vouch from a trusted referee, giving each consumer a good probability.
- gives background checks, together with on-line footprint evaluation, to detect made-up identities.
Vouchsafe is scaling quick. The corporate is working with monetary companies companies to use the expertise to banking and credit score. They have been additionally chosen by the Scottish Authorities to assist present public companies to individuals who battle with proving their id, via the CivTech programme.
FinSMEs
22/03/2025
