Credify Raises $1M Seed Funding Round

credify

Credify Pte Ltd, a a Singapore based provider of Universal Identity and Trust System solutions to companies active in e-commerce and finance, closed a USD 1M seed funding round.

Backers included venture capital funds Beennext and Deepcore.

The company intends to use the funds to enhance the development of its suite of products, further localize its software development operations in South East Asia, and move ahead with its live client engagements.

Led by CEO Makoto Tominaga, Credify provides Universal Identity and Trust System solutions to companies active in e-commerce and finance. Its Universal Identity product acts as a personal data bridge, connecting consuming services like e-commerce marketplaces and lending platforms with institutions that possess information like identity verification results and credit scores. In this way, Credify enables entirely new revenue streams for these traditional organizations in a secure and data privacy compliant manner. The company participated in Plug and Play Japan’s 2020 FinTech Accelerator program.

FinSMEs

24/02/2020

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