Tagged: palo alto

Digital Life Insurance Firm Ladder Teams Up with Halo Investing

Halo Investing, the protective investment platform for today, and Ladder, the digital life insurance agency of tomorrow, announce their partnership. Advisors now have access to more life insurance options “with greater term flexibility, potentially saving policyholders up to 40%.” An all-digital architecture and real-time underwriting… Read More

Jumio, Provider of AI enhanced Identity Orchestration, AML Solutions, Attains SOC2 Type 2 Certification

Jumio, the provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, announced that it has successfully “achieved SOC2 Type 2 certification for its Jumio KYX platform, with zero exceptions listed in the examination conducted by Moss Adams.” SOC2 is “an American Institute of CPAs… Read More

Jumio Announces “Highest Sales” Quarter Ever, Supported by Financial Services, Healthcare Initiatives

Jumio, which claims to be the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, recently announced the “highest sales” of any quarter in the history of the company, “fueled by an ongoing need for modern enterprises across all industries and geographies to… Read More

Humanitas Acquires Seed Funding, Focused on Counteracting “Biased” and “Inaccurate” Algorithms

Humanitas Technologies, the impact data infrastructure startup that is building a universal diversity, equity, and inclusion (DEI) API or “Grammarly for DEI”, recently announced they’ve acquired $1.5 million in seed funding. As noted in an update shared with CI, investors include Francoise Brougher, Jeff Walker,… Read More

Jumio, Provider of AI enhanced Identity Orchestration, AML Solutions, Appoints New CTO

Jumio, the provider of “orchestrated” end-to-end identity proofing, eKYC and AML solutions, recently announced the appointment of Stuart Wells as the firm’s new chief technology officer. In addition, Jumio unveiled its new Innovation Lab in San Diego. Wells “joins Jumio’s executive team after nearly a… Read More

Payaut, an Automated Payment Solution for Online Marketplaces, Finalizes €8M Seed Round

Payaut, an automated payment solution for online platforms and marketplaces, has announced it has closed an €8 million seed round “led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors LocalGlobal and Entrée Capital.” Payaut, which provides a range of financial solutions… Read More

Jumio, Provider of AI enhanced Identity Orchestration, AML Solutions, Closes 2021 with Record 130% Revenue Growth

Jumio, the provider of AI-enhanced end-to-end identity orchestration, eKYC and AML solutions, recently announced a record-breaking close to a solid 2021, with revenue growing by over 130% in Q4 2021 from Q4 2020. Other Q4 highlights for Jumio include 4Stop acquisition and introduction of no-code… Read More

NEXT Insurance Reveals that Retail Small Businesses Are Struggling to Cope with Supply Chain Challenges: Survey

NEXT Insurance, the digital Insurtech transforming small business insurance, recently revealed the results of a survey of small business owners regarding their attitudes towards and “experiences with the current supply chain crisis.” NEXT Insurance’s survey found retailers have been “hit hardest: 73% of retail small… Read More

Trade Finance Platform Drip Capital Appoints Rahul Nath as New Product Head to Support Product Growth

Drip Capital, Inc., a digital cross-border trade finance platform providing financing solutions to small and medium businesses, is pleased to confirm that Rahul Nath has joined the firm’s leadership team as the Product Head. With head offices in Palo Alto, California, Rahul brings more than… Read More

Jumio Introduces Orchestration for its KYX Platform to Provide Comprehensive View of Consumer Identities and Risk

Jumio, the provider of AI-enhanced identity verification, eKYC, and AML solutions, announced the launch of a no-code orchestration layer for its KYX Platform that “unifies an entire set of risk and fraud detection capabilities to address identity proofing, compliance verifications, and AML use cases.” As… Read More

UK’s BT Group Leads $33M Investment in Cyber Risk Management Firm Safe Security

Safe Security, a Palo Alto-headquartered cyber risk management company established in 2012, recently acquired $33 million in capital via a round that was led by BT Group Plc, which is notably one of the United Kingdom’s largest telecommunications and network service providers. Safe Security, with… Read More

AI enhanced ID Verification, eKYC Service Provider Jumio Reports 150% Revenue Growth in Q2 2021

Jumio, an established provider of AI-enhanced end-to-end identity verification and eKYC services, reveals that its sales and revenue increased more than 150% during Q2 2021 when compared to Q2 2020. The growth has reportedly been fueled by “an ongoing need for modern enterprises to know… Read More

California-based Fintech Wealthfront, a Robo-Advisor, is Reportedly Inching Closer to Becoming a Digital Bank

Palo Alto-based Wealthfront, an automated investment service company with over $11.4 billion in assets under management, is reportedly getting closer to becoming a full-service digital bank. Wealthfront already provides most of the bank-like services including insured savings accounts. The “Cash Account” is offered by Wealthfront… Read More

eFIleCabinet Secures $14M During Series B Round; Enables Businesses to Go Paperless

eFileCabinet, Inc., the paperless document management company, has secured a $14M Series B funding round led by Palo Alto-based Allegis Capital and Salt Lake’s Signal Peak Ventures. eFileCabinet’s 153,000 users include SMBs and enterprises in the accounting, financial services, insurance, medical, HR, small government verticals… Read More

Pebble Teams Up With NetSuite to Create Unified Cloud-Based System

NetSuite Inc. (NYSE:  N), a cloud-based financials / ERP and omnichannel commerce software suites company, announced Pebble, smartwatch and wearables market disruptor, has deployed it to put in place a single unified cloud-based system which has the necessary sophisticated functionality, flexibility and scalability to support the company’s rapid growth. Pebble runs its… Read More

Crowdfund Success Tipalti Opens New Headquarters in Palo Alto, CA

Tipalti, provider of the leading global payments management automation platform, has relocated its headquarters to the Bay Area with the opening of its new Palo Alto, CA office, more than quadrupling its previous office size to accommodate expected company growth.  Prior to this move, Tipalti’s headquarters… Read More

Lumo Lift Launched: Activity Monitor & Appearance Booster Seeks $200K

Lumo BodyTech is a Silicon Valley-based company that specializes in giving people actionable feedback on body position in order to help them improve their lives. They’ve already crowdfunded one product successfully, and today sees the launch of a second  – the Lumo Lift – that… Read More

JuiceBox Promises Cheap, Fast Solution For Charging Your Electric Car

A Palo Alto engineering firm, Electric Motor Werks, has a campaign on Kickstarter that is fully funded. The big reward? A low-cost electric vehicle charging station promising Our group leader, Valery Miftakhov, has a PhD in Physics from Princeton University and 10+ years of business… Read More

James Franco Launches Indiegogo Campaign For Feature Films

James Franco is probably best known for roles in the cult classic TV series Freaks and Geeks and movies like Spider Man and Oz: The Great and Powerful. Franco is also an author, having penned a book of short fictional stories based on his experience growing up in Palo… Read More