Jumio has raised $ 35.4 million to date, the $ 25.5 million series-B investment led by Citi Venture in January 2012, to support its research, business development and expansion, including.
The company has been working to make remote payments easier and safer for both consumers and merchants and it launched Netswipe and Netverify solutions last year. Their solutions turn a camera into a credit card reader or ID reader and therefore have the potential to help the online and mobile banking industry overcome key challenges related to fraud and identity theft.