Tech Company Financing Transactions
DirectID Funding Round
DirectID closed a $9.5 million Series A funding round on 2/22/2023. Investors included Ingka Investments.
Transaction Overview
Company Name
Announced On
2/22/2023
Transaction Type
Venture Equity
Amount
$9,518,000
Round
Series A
Investors
Ingka Investments (Lead Investor)
Proceeds Purpose
DirectID claims to be the most "comprehensive" credit risk platform on the market, providing strong grounds for strategic investment at a time when CVCs are investing more frequently. The funding is set to support the launch of new predictive models for credit and risk monitoring, based on open banking data.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1390 Market St 200
San Francisco, CA 94102
USA
San Francisco, CA 94102
USA
Phone
Website
Email Address
Overview
DirectID was the earliest open banking pioneer, we petitioned for PSD2 and built the first AISP integration in the world. With over 13,000+ connections, DirectID provides advanced open banking data for credit & risk decision makers in 46 countries. Our leadership team have been working with data for over a decade and have more than 100 years of experience in senior roles at organisations such as FICO, Experian & TransUnion.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Varga
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