Onfido raises $50M


Identity verification provider Onfido has raised $50 million in funding. The round was led by SBI Investment and Salesforce Ventures, with support from M12 (formerly Microsoft Ventures), and FinVC.

Frank van Veenendaal, former chief sales officer and vice chairman of Salesforce, has joined Onfido’s board.

Onfido has raised $100 million to date.

[Image courtesy: Onfido]