Prove Identity, the identity verification firm that enables businesses to provide frictionless digital consumer experiences without compromising security through its advanced identity verification and authentication platform and Prove Identity Network, announced it has secured $40 million in funding in a round led by MassMutual Ventures and Capital One Ventures. The funding will be used to launch new products to address commerce enablement and fraud-fighting use cases, support global expansion, and address evolving threats in the digital economy. Prove’s platform enables businesses to offer faster onboarding, reduced abandonment rates, and lower fraud levels.
Prove Identity Secures $40 Million in Funding Led by MassMutual Ventures and Capital One Ventures