Press Release

Socure to Provide DraftKings with Additional Compliance Tools

Socure’s Intelligent KYC will enhance DraftKings’ customer verification process for its Daily Fantasy Sports, Sportsbook, and iGaming Products
Posted on Apr 7, 2021

NEW YORK, NY – April 7, 2021 – Socure, the leader in 100% digital identity trust, today announced that it signed a multi-year agreement with DraftKings Inc. (Nasdaq: DKNG), a leader in the digital sports entertainment and gaming industry. Using Socure’s Socure ID+ identity verification suite, DraftKings furthers its robust compliance measures and will now be able to more seamlessly engage its customers across its product suite.

Press Release

Socure to Provide Identity Verification for Microsoft Azure Active Directory Verifiable Credentials

Posted on Apr 5, 2021

New York, NY (April 2, 2021) -- Socure, a leader in 100% digital identity trust, today announced the company will provide identity verification services for remote onboarding for individuals accessing decentralized IDs as part of the new Microsoft Azure Active Directory (Azure AD) verifiable credentials feature in public preview today. Once verified, these credentials can be used to prove an identity across different organizations to accelerate onboarding of users and enable a more trustworthy credential recovery experience.

Press Release

Socure Closes $100 Million Raise Led by Accel to Eliminate ID Fraud and Ensure 100% Trust on the Internet

With surging demand for digital identity solutions, Socure reaches unicorn status, underscoring its position as the emerging market leader in digital identity
Posted on Mar 16, 2021

NEW YORK, NY– March 16, 2021 – Socure, the leader in 100% digital identity trust, today announced a $100 million Series D round of funding led by Accel, with participation from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures, and others. This round brings Socure's total funding to $196 million, following a recent $35 million investment less than six months ago led by Sorenson Ventures.

Press Release

Socure Worked With Baker Tilly to Establish Intelligent KYC Assurance for Fintechs and Banking Institutions

Baker Tilly audit of Socure’s Intelligent KYC solution provides product accuracy verification, establishes regulatory compliance, and creates further trust with clients
Posted on Mar 4, 2021

NEW YORK, NY– March 4, 2021 – Socure, the leader in Day Zero identity verification, and Baker Tilly, announced today the companies have successfully completed an audit of Socure’s Intelligent KYC solution. The report verifies that Socure’s Intelligent KYC product meets the CIP requirements and model risk management expectations demanded by financial institutions. It establishes that Socure’s Intelligent KYC product satisfies regulatory compliance, and creates additional assurance, for clients held to the USA PATRIOT Act’s requirements.

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