BankingInvestments

Capital One: Invests in Socure

Capital One: Invests in Socure

  • Capital One a diversified banking company focused primarily on consumer and commercial lending and deposit origination
  • Socure the leading platform for digital identity trust. Its predictive analytics platform applies artificial intelligence
  • This latest investment comes on the heels of a $100m Series D raise in March that was led by Accel
  • Socure’s predictive analytics platform applies AI and machine-learning techniques with trusted online/offline data intelligence from email
  • An early user of Socure’s platform, Company says deployment of the technology increased its accuracy in identifying fraud
  • The investment will support Socure’s growth plans as it continues to expand across every consumer-facing vertical
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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