Verituity: Raises $10M in Series A Funding

Verituity Raises $10M in Series A Funding

  • Verituity, a McLean, Va.-based verified digital payments platform that connects banks, payers and payees to first-time and on-time digital payouts experiences, closed a $10m Series A funding
  • The round was co-led by ForgePoint Capital and Ardent Venture Partners
  • In conjunction with the funding, Don Dixon and Phil Bronner, will join companies board of directors
  • The company intends to use the funds to expand its go to market efforts and enhance its cloud-based verified digital payout platform
  • The company is a cloud-based platform that connects banks, payers and payees to first-time and on-time digital payouts and pay-by-anything experiences
  • Its bank-grade platform unifies and automates identity verification, payment choice, payment account verification
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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