“Financing will allow if to further scale its global sales and marketing efforts to meet growing demand for the solution”
In the July 9th edition of the Business Post, ID-Pal CEO Colum Lyons speaks to Charlie Taylor about raising €7 million in Series A funding.
ID-Pal’s Series A comes off the back of a significant period of growth with both employee and customer count doubling over the past 12 months. The company has achieved success internationally in both the SME and enterprise space. Customers include One4all, Zurich, Elavon, Trident Trust, BDO, American National University, and the recent J.P. Morgan-acquired Global Shares.
Along with a host of strategic partnerships with market-leaders like HID Global, RiskScreen, Sherpa Technologies, Temenos and Vesta, ID-Pal’s funding further seals its reputation as one of the leading identity verification providers operating in the market.
As the need for identity verification expands across jurisdictions and industries, ID-Pal is uniquely positioned to help any business simplify anti-money laundering (AML) and Know your Customer (KYC) compliance, solving a critical challenge that has long been a costly, inefficient, and manual process.
ID-Pal gives businesses a simple, secure, and convenient way to verify the identity and address of customers. The ISO 27001 certified solution performs document verification, facial matching, liveness testing and address e-verification in real-time. It offers industry-leading accuracy with General Data Protection Regulation (GDPR) compliance built in, all while delivering a seamless experience for the end user.
Contact us today for a live demo of how the ID-Pal service can be easily integrated with your business.