miiCard Completes $2.5M Second Seed Funding Round
miiCard, a Edinburgh, UK-based online identity verification service, completed a $2.5m second seed funding round.
Backers include New Wave Ventures, IQ Capital and Par Equity.
The company intends to use the funding to expansion into the US and accelerate adoption of its “digital passport” across a range of markets, including financial services, ecommerce, social networking and dating.
Founded in September 2011 and led by CEO James Varga, miiCard (My Internet Identity) is an independent, commercial identity verification service that allows the individual to control their digital identity and prove “I am who I say I am” online and in real-time, to Anti-Money Laundering standards, eliminating the need for a physical ID check.