ID verification platform Alloy raises $52m in Series C extension round
The fresh cash will support Alloy’s continuing global expansion.
The fresh cash will support Alloy’s continuing global expansion.
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
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Investment will go towards building out an evolving customer identity profile offering.
Fintechs should deliver the digital-first experience Gen Z expects from the minute they sign up.
New account conversions grew by 30%, and manual review is a process of the past – reduced by 95%.
Massachusetts-based bank plans to become a digital-first entity.