Prove Identity, a prominent player in digital identity solutions, has secured a substantial $40 million in funding in a round led by MassMutual Ventures and Capital One Ventures. This investment follows a 40% increase in international customer acquisition, reinforcing Prove’s leadership in digital identity verification and authentication.
Prove Identity plans to use this capital injection to introduce innovative commerce enablement and anti-fraud mechanisms. The funds will also support the company’s global expansion efforts and enhance its ability to address evolving cyber threats in the digital landscape.
Prove’s advanced identity verification platform is designed to provide businesses with a seamless and secure consumer interaction experience. Their Prove Pre-Fill® identity verification system, for instance, streamlines onboarding processes and significantly reduces fraud risks.
Prove’s innovative use of mobile phones for authentication across various platforms sets it apart. The company’s clients include major U.S. banks, global cryptocurrency exchanges, leading retailers, healthcare organizations, and insurance companies.
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}