Prove Identity nabs $40M at a “unicorn status” valuation to expand in mobile-based authentication tech

Prove Identity, the smartphone-based identity verification startup that originally made its name years ago as Payfone before rebranding in 2020, has raised $40 million. According to the company, the funding is coming in at a “unicorn status” valuation which would pip it past the $1 billion mark. The company, which has around 1,000 business customers, … Read more