TechFlow — Digital identity startup Passbase has recently announced a $10 million Series A funding round led by Costanoa Ventures, with participation from Lakestar, Eniac Ventures, Cowboy Ventures, and Seedcamp. The funds will be used to power its SDK for remote identity verification, helping fintech companies enhance cryptographic compliance and enabling clients to design their own onboarding flows tailored to multiple regions and regulatory requirements.
Passbase offers secure identity verification solutions for mobile and web, along with AML and KYC compliance tools. Previously, it raised $3.5 million in a seed funding round.
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