According to Foresight News, according to Techcrunch, FrankieOne, a digital asset fraud detection and identity verification platform, received an additional investment of 23 million Australian dollars (about 15.4 million US dollars), bringing its total Series A financing to 45 million Australian dollars (about 30 million US dollars). AirTree Ventures and Greycroft jointly led the investment, and Kraken Ventures, Binance Labs and existing investors Apex Capital, Reinventure and Tidal Ventures participated in the investment. The funds will be used to expand the scale and customer base.
FrankieOne connects banks, fintech, cryptocurrency and gaming companies to hundreds of data sources and works with 170 financial institutions around the world, providing an API to access identity and fraud prevention providers around the world. The company said the platform has seen revenue grow fourfold in the past 12 months.
