Swiss digital identity firm fidentity announced that it has raised an undisclosed sum during a recent financing round with Spicehaus Swiss Venture Fund as lead investor and several experienced angel investors.

With the fresh capital, fidentity will expand its product leadership and invest in further growth in Switzerland and Europe in 2022.

fidentity said that the first step in its expansion plan will be to focus on countries bordering Switzerland.

The company simplifies automated online identification (KYC) via identification documents and a liveness check.

 

“We are pleased to have reached an important milestone for fidentity with this financing round. Our goal is to make our solution even better known and to show that compliance and an excellent user experience are not mutually exclusive. With Spicehaus we have gained a partner with a lot of experience in our target market!”

said Thorsten Hau, CEO of fidentity.