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'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.

One of the critical benefits of Yoti'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.

This approach is essential in today'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: https://founderlodge.com/round/Yoti-raises-11980000-Unknown-2023-03-10-Robin-Tombs-MTA2MDA