FinTechFunding

OCR Labs: Secures $30M Series B Funding

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
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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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