Lloyds Banking Group Invests £10 Million In Digital Identity Company Yoti
Mar 09, 2023•almost 3 years ago
Amount Raised
£10 Million
Investors
Lloyds Banking Group
Description
Lloyds Banking Group has invested £10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal data.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech