Yoti Receives £10M Investment from Lloyds Banking Group

yoti

Yoti, a London, UK-based digital identity company, received a £10M investment from Lloyds Banking Group.

The company intends to use the funds to develop its technology that protects customers’ identities and personal data online.

Led by CEO Robin Tombs, Yoti is a digital identity technology company that enables people to prove who they are, verifying identities and trusted credentials online and in-person. The company provides verification solutions across the globe, spanning identity verification, age verification, document eSigning, access management, and authentication and leading facial age estimation. Businesses across a range of industries – from financial services and retail to gaming and e-commerce, already use it. Over 13 million people have downloaded the free Yoti Digital ID app across the world. It is available in English, Spanish, French, German, Portuguese and Polish. Yoti is certified to ISO/IEC 27001:2013 for ID Verification Services, ISAE 3000 (SOC 2) Type 2 certified for its technical and organisational security processes.

FinSMEs

09/03/2023