OneID offers digital identity services that verify customers using bank-verified data, enabling a document-free identification process that the company says can be completed in twelve seconds. The service emphasises privacy by requiring user consent to share personal data. OneID’s platform is used to streamline onboarding and existing ID processes, including payments and direct debits, with the aim of reducing operational costs, mitigating fraud risk, and increasing sales and customer engagement. Led by CEO Paula Sussex, the company plans to use new funding to drive growth and expand operations and services to reach a growing customer base. The article notes OneID has raised over £16m from more than 200 UK, Swedish and US angel investors.

Total raised

$22M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2025