OneID, a London, UK-based provider of bank-verified digital identification services, raised £1m in funding.
ACF Investors made the investment.
The company intends to use the funds to further develop its product, expand operations and its business reach).
Led by CEO Paula Sussex, OneID enables individuals to verify their identity in a safe way using bank-verified data. It requires no registration process, does not store any personal data, and removes the need for scanning passports or taking selfies to authenticate the identity online. The solution eliminates the need for physical identification documents, enabling businesses and individuals to digitally prove their identity instantly and anywhere. Once verified, OneID securely confirms their identity to the online product or service provider in just a few seconds.
FinSMEs
01/09/2023