Passbase Raises $13.5M To Bring Kyc To Crypto
12/08/21, 5:00 PM
Money raised
$13.5 million
Passbase, the identity verification infrastructure company, today announced $10M in Series A, plus a previously unannounced $3.5M Seed-2. The round was led by Costanoa Ventures, with participation from Lakestar, Eniac Ventures, and Cowboy Ventures. The startup will use this capital infusion to scale their product suite and simplify policy management for cryptocurrency, fintech and other businesses using Passbase for identity verification services to meet rapidly changing global compliance requirements.
Company Info
Additional Info
Passbase provides identity verification infrastructure that helps companies solve their KYC needs in a compliant, privacy-oriented and user-centric way. Its developer-friendly, highly customizable tools and flexible pricing allow companies to incorporate ID verification, AML compliance, and age verification into their products. By building a trust infrastructure for the internet, Passbase keeps businesses compliant and secure, and end users safe.