Prelude, a Paris-based SMS verification technology company, has secured $8 million in seed funding to combat SMS verification fraud. Its innovative broker model optimizes message routing costs and enhances security. Founded by former Zenly employees, Prelude aims to address vulnerabilities in traditional SMS verification systems, such as SIM swapping and intercepted messages, and has already demonstrated a 40% reduction in client verification costs. The company plans to expand globally, particularly in Europe and North America, while developing new mobile-first onboarding services to improve user verification, onboarding, and retention.
Prelude Raises $8M to Combat SMS Verification Fraud with Smart Broker Technology
