Vouchsafe, an identity verification platform aimed at eliminating global ID poverty, has successfully raised £1 million in a pre-seed funding round led by Bethnal Green Ventures. The platform addresses the needs of one billion people worldwide who lack reliable identification, impacting their access to essential services. Aligned with the UN's Sustainable Development Goal for legal identity, Vouchsafe works with financial institutions and government programs to enhance accessibility. With increasing challenges from identity fraud, Vouchsafe seeks to transform verification processes without raising barriers for underserved populations.
Vouchsafe's innovative platform addresses global ID poverty, ensuring that millions lacking identification can access essential services like banking and public assistance.
Vouchsafe aligns with UN SDG 16.9, aiming for legal identity for all as they strive to revolutionize identity verification processes.
Mark Elliot noted Vouchsafe's success in simplifying identity verification, revealing its potential impact on public service accessibility for those in need.
Investment from BGV and others indicates widespread confidence in Vouchsafe's mission and potential to drive significant change in the identity verification landscape.
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