IDnow pulls in $40M growth equity for its identity verification platform

INSUBCONTINENT EXCLUSIVE:
raises in the last few years
Verifying ID is now also a key part of the gig economy.Joining them today is a German startup that first emerged in 2014
It has announced a $40 million growth equity investment from Corsair Capital LLC, a private equity firm focused on the financial and
business services industries.IDnow lets consumers verify their identity online, using their smartphone, tablet or webcam via image
of many financial transactions and processes, such as security
directors.IDnow was the first startup to come out of JET A, the holding company set up by the former founder of Amiando, Felix Haas, (who is
also co-founder and executive chairman) and his Amiando co-founders, Sebastian Baerhold, Dennis von Ferenczy and Armin Bauer.