IDV / AML / KYB / Biometrics
German AML Fintech Hawk Raises $56M Series C Led by One Peak
Hawk, a German fintech offering AI-driven anti-money laundering (AML) services, has raised $56 million in a Series C. Led by One Peak, the funding will
Wink and Phoenix Managed Networks Merge to Accelerate AI-Driven Innovations in Payments and Identity
Wink, the biometrics and AI firm, and Phoenix Managed Networks, the global payment technology and services company, have merged to form a leading technology provider
Charm Security Secures $8M Seed Round to Stop AI-Powered Scams Before They Happen
Charm Security, an Israeli cybersecurity startup, has emerged from stealth with an $8 million seed round led by Team8 to combat the growing threat of
Bumble Introduces Biometric ID Verification Amid Rife Romance Scams
Bumble, the online dating and networking application launched in 2014, has introduced biometric identity verification, developed by Veriff, to combat the growing threat of romance
SpecterOps Raises $75M Series B to Strengthen Identity Security in Round Led by Insight Partners
SpecterOps, a provider of adversary-focused cybersecurity solutions with targeted insights of advanced threat actor tradecraft, secured a $75 million Series B, led by Insight Partners,
Proof Secures Strategic Investment from State Farm Ventures to Drive Innovation in Identity Verification and Fraud Prevention
Proof, an identity verification (IDV) pioneer, has received a strategic investment from State Farm Ventures to carry on its mission to combating identity fraud and
OKX Crypto Exchange Pleads Guilty to Violating U.S. Anti Money Laundering Laws
Aux Cayes FinTech, the operator of OKX, pleaded guilty to violating U.S. anti-money laundering laws and agreed to pay $505 million in fines and forfeitures
LexisNexis Risk Solutions Completes IDVerse Acquisition
LexisNexis Risk Solutions, part of RELX, has completed its acquisition of IDVerse, an AI-powered provider of document authentication and fraud detection, to enhance its risk
Sardine AI Raises $70M to Make Fraud and Compliance Teams More Productive
Sardine, an AI-driven risk platform for fraud prevention, compliance, and credit underwriting, has raised $70 million in Series C funding in a round led by
Worldpay to Acquire Ravelin, a Leading AI-Native Fraud Prevention Platform
Worldpay has announced the acquisition of Ravelin, an AI-native fraud prevention platform using machine learning KYC verification, to enhance its payment solutions and strengthen fraud
ID.me Announces $275 Million Financing from Ares Management
ID.me has secured a $275 million credit facility from Ares Management, along with an anticipated equity investment, to accelerate its growth and enhance its digital
Identity Security Startup Orchid Security Raises $36 Million in Seed Funding
Orchid Security, an identity security AI startup, has raised $36 million in seed funding to enhance its platform and expand operations in North America and