Alloy Raises $12 Million To Automate Identification Compliance For Banks

09.17.2019 - New York


Alloy, the New York financial technology company that helps banks and digital banks automate the process to verify the identities of customers, raised $12 million in a round of venture funding.

The Series A round was led by Bessemer Venture Partners, which invested in the startup after a year in which its client based grew more than 800%. Existing investors including Eniac Ventures and Primary Venture Partners also participated in the round.

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