{"id":1762,"date":"2023-03-12T15:00:31","date_gmt":"2023-03-12T15:00:31","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=1762"},"modified":"2023-03-12T15:00:32","modified_gmt":"2023-03-12T15:00:32","slug":"yoti-secures-11-9-million-funding-from-lloyds-banking-group","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/yoti-secures-11-9-million-funding-from-lloyds-banking-group\/","title":{"rendered":"Yoti secures $11.9 million funding from Lloyds Banking Group"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-117.png\" alt=\"\" class=\"wp-image-1763\" width=\"148\" height=\"148\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-117.png 313w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-117-300x300.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-117-150x150.png 150w\" sizes=\"(max-width: 148px) 100vw, 148px\" \/><\/figure><\/div>\n\n\n<p><a href=\"https:\/\/www.yoti.com\/\">Yoti<\/a>, a startup based in London, England, with an undisclosed valuation, has secured funding from<a href=\"https:\/\/www.lloydsbankinggroup.com\/\"> Lloyds Banking Group<\/a>. The exact amount of funding has not been disclosed, but it is estimated to be in the region of $11,980,000.<\/p>\n\n\n\n<p>Yoti&#8217;s solutions are designed to make identity verification, age estimation and verification, e-signing, and credential management more accessible and secure. Their technologies use AI anti-spoofing techniques to ensure that fraudsters are kept out while legitimate users are allowed through more quickly. Additionally, Yoti strongly emphasizes social purpose and is a founding UK Bcorp, meaning that social goal is at the heart of everything they do. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"493\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-560-1024x493.png\" alt=\"About Yoti\" class=\"wp-image-1769\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-560-1024x493.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-560-300x144.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-560-768x370.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-560.png 1313w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>One of the critical benefits of Yoti&#8217;s technology is that it puts users in control of their data. With Yoti, users can choose what information they want to share and with whom. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"456\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-562-1024x456.png\" alt=\"Meet the team of Yoti's Gaurdian Council\" class=\"wp-image-1770\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-562-1024x456.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-562-300x133.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-562-768x342.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-562.png 1299w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>This approach is essential in today&#8217;s data-driven world, where people are increasingly concerned about their privacy and the security of their personal information. Visit our latest funding round for more information: <a href=\"https:\/\/founderlodge.com\/round\/Yoti-raises-11980000-Unknown-2023-03-10-Robin-Tombs-MTA2MDA\">https:\/\/founderlodge.com\/round\/Yoti-raises-11980000-Unknown-2023-03-10-Robin-Tombs-MTA2MDA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yoti, a startup based in London, England, with an undisclosed valuation, has secured funding from Lloyds Banking Group. The exact amount of funding has not been disclosed, but it is estimated to be in the region of $11,980,000. Yoti&#8217;s solutions are designed to make identity verification, age estimation and verification, e-signing, and credential management more [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yoti secures $11.9 million funding from Lloyds Banking Group - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"Yoti, a startup based in London, England, with an undisclosed valuation, has secured funding from Lloyds Banking Group. 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