Prove Identity Snags $40M Funding for ID Verification Tech
Prove Identity, a late-stage startup with roots in the ecommerce mobile payments space, on Tuesday closed a $40 million funding round as it continues a major pivot to the digital identity verification and authentication market. The New York-based company, previously known as Payfone, said the latest investment round led by MassMutual Ventures and Capital One Ventures. To date, Prove Identity has raised more than $215 million and rebranded itself as an enterprise vendor targeting banks, retailers…
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