Nivo is a Manchester, UK-based developer of a digital identity and secure messaging platform for regulated industries, particularly financial institutions. Its B2B product provides a secure instant messaging channel with built-in e-signatures, automated identity document scans, facial recognition, no-code automation and open banking integrations. Nivo says it has onboarded a large proportion of the UK credit union market and serves banks, building societies, lenders and brokers. The platform records about 1,000 downloads of its verification-enabled secure messaging each day and roughly 50,000 monthly users. Post-fundraise, Nivo plans to drive overseas/global expansion and hire across product development, marketing, customer success and sales, including a new sales director. The company was founded by CEO Michael Common and CCO Matthew Elliot and is a graduate of Barclays' 2017 accelerator programme. Nivo is an instant messaging platform built for regulated industries, positioning itself as the fastest, safest way for financial services firms to sign up and service customers. The product is a secure messenger with features that let bank clients send sensitive documents, sign papers, and verify identity via an Onfido integration. Nivo was launched in 2018 as a spin-out from Barclays and is headquartered in Manchester. The company emphasizes simplifying mobile experiences to reduce customer effort, lower costs, and raise satisfaction. CEO Mike Common says the mission is to make it easier for consumers to connect with service providers in regulated industries. The article reports a recent funding event but provides no revenue or user metrics.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2022