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Persona Receives $50 Million For Personal Identification

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Persona is an identity framework that assists businesses in verifying customer identities and instilling confidence in online conversations.

San Francisco-based persona raises a $50 million Series B funding round was used to assist the company in growing its identity management forum via its no-code platform. Index Ventures prompted the funding, which also involved the established founder Coatue Management. 

Persona established $17.5 million in a Series A round in late January 2020. The corporation declined to disclose the asset value of the latest round.

Personas allow businesses to authenticate client identities, which increases confidence in digital interactions and aids in age checks, detection and prevention, and account retrieval. 

It offers an extensive package of computer-controlled additional authentication elements that can be provisioned, labeled, and patterned to create custom-tailored streams that encompass any use case. It manages complex data collection, verification, and management in order to focus on product development. 

About Persona

The persona was originally established in 2018 by Charles Yeh and Rick Song. The business’s main offices are in the San Francisco Bay Area, West Coast, and Western US. The company is still in operation, and its most recent round of financing was Series C.

The corporation’s lawful title is Persona Identities, Inc., and its type of business entity is For Profit. The company focuses on compliance, cybersecurity, fintech, fraud detection, identity management, information technology, SaaS, and software.

Persona humanizes internet presence by assisting businesses in verifying that their consumers are who they claim to be.

Persona Funding

Persona has received $217.5 million in financing over four rounds. Their most recent revenue comes from a Series C round on September 15, 2021. Twelve investors have contributed to the funding of Persona. The most subsequent shareholders are Coatue and Index Ventures. as per Persona 50M series Ventures azevedotechcrunch.

Persona Solutions

Automate conformance while maintaining user transition. Reduce forgery and stay up to date on changing restrictions such as KYC/AML, FinCEN, FINRA, and others while supplying the greatest user experience possible.

To establish confidence, brand your individuality streams to accommodate natively within your console. Easily simplify and magnitude your operations. 

Trigger toolchains both within and outside of Persona to centralize all identification processes, from data collection to screening and punishment security checks. Custom case viewpoints that surface only necessary details will empower your stick shift review site team while protecting user PII.

At their foundation, security, and privacy. A trustworthy relationship needs confidentiality and safety. That is why Persona is committed to safeguarding your and your customers’ confidentiality and is certified to the highest industry standards.

Persona Services

To improve your decisions, you can obtain thousands of data sources.

Persona offers access to a plethora of sources of data and detached scam signals to assist your company make the most informed decisions, whether it is for customer due thoroughness and KYC/AML or to underwrite dicey persons.

Create workflows with no code to computerize decisions and procedures.

You can utilize if/then/logic in Persona’s no-code, drag-and-drop functionality to create unique workloads and auto endorse, decrease, or placard consumers for manual feedback based on gathered data and inert risk indicators.

Manual reviews and inquests can be streamlined in a solitary, customizable hub.

With highly configurable crisis intervention, agents can bring in any data they need to undertake their inquiry while preserving sensitive information hidden. Once a decision has been made, close the loop with both clients and internal teams as soon as possible.

Conclusion

Persona is an identity framework that assists businesses in verifying customer identities and instilling confidence in online conversations. A $50 million Series B funding round was used to assist the company in growing its identity management forum via its no-code platform.

To establish confidence, brand your individuality streams to accommodate natively within your console. That is why Persona is committed to safeguarding your and your customers’ confidentiality and is certified to the highest industry standards.

Persona has received $217.5 million in financing over four rounds. A $50 million Series B funding round was used to assist the company in growing its identity management forum via its no-code platform.

FAQs

Q1) What is Persona?

Ans. Persona is an identity framework that assists businesses in verifying customer identities and instilling confidence in online conversations.

Q2) It allows businesses to do what?

Ans. Personas allow businesses to authenticate client identities, which increases confidence in digital interactions and aids in age checks, detection and prevention, and account retrieval.

Q3) What does Persona offer?

Ans. It offers an extensive package of computer-controlled additional authentication elements that can be provisioned, labeled, and patterned to create custom-tailored streams that encompass any use case.

Q4) Who founded Persona?

Ans. The persona was originally established in 2018 by Charles Yeh and Rick Song. 

Q5) How much has the firm raised to date?

Ans. Persona has received $217.5 million in financing over four rounds. 

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