OCR Labs Secures $30M Series B Funding
- OCR Labs, a London, UK-based provider of a verification technology platform, raised $30M in Series B funding
- The round was led by Equable Capital
- The company intends to use the funds to expand its team in North America and EMEA
- OCRLabs is a technology leader in the digital identity verification space
- The solution supports Anti Money Laundering (AML) and Know Your Customer (KYC) regulations and improves customer identity verification while reducing fraud
- The company supports clients across industries including financial services, government, telco, crypto and a variety of platform-based businesses
