Buzzy AI security firm Onfido has raised $100 million in a funding round backed entirely by private equity firm TPG Capital, which has previously invested in Spotify and Uber.
The firm, founded in 2012 by Oxford graduates Ruhul Amin, Husayn Kassai and Eamon Jubbawy, counts fintech unicorn Revolut and car-sharing service Zipcar among its biggest clients. Speaking to Business Insider, CEO Kassai said the firm hoped to "standardize" account security in the same way Big Tech giants had defined their own niches.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus: Experts lay out 7 ways government could save startups - Business InsiderStartups are begging the UK government for a lifeline amid COVID19. Experts told us 7 ways to save the British tech scene from collapse 3 years into my startup with real revenue of the US government loan rescue program is a distant and unattainable vision.
Source: BusinessInsider - 🏆 729. / 51 Read more »
NASCAR driver Kyle Larson apologizes for using N-word on Twitch stream - Business Insider'I understand the damage is probably unrepairable, and I own up to that,' Larson said. 'But I just want to let you all know how sorry I am.' Completely coincidentally and ironically, the SouthPark episode where Cartman says he can't be a driver because only poor and stupid racist people watch NASCAR just started on Comedy Central. Enough will another athlete, politician or celebrity with a hollow apology. Apology not accepted. So if he wasn’t raised to be a racist, when does he think he became one?
Source: BusinessInsider - 🏆 729. / 51 Read more »
The 5 grant programs the government is using to fund US innovation - Business InsiderAwards in the 5 grant programs range up to the millions of dollars and cover everything from vaccine development to no-contact research efforts. To make CCP go red in the face and suffer ignominy...US has to discover the antidote.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Delta, United, American can sell frequent-flyer miles to raise cash - Business InsiderAirlines like Delta, United, and Southwest can sell frequent-flyer miles to their credit card partners in advance at a discount, raising billions.
Source: BusinessInsider - 🏆 729. / 51 Read more »