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Onfido founder raises $40M to speed up business certifications

Husayn Kassai, the co-founder of Onfido, has secured $40 million in funding for his new venture, which aims to streamline the certification process for businesses. This new company intends to eliminate the lengthy 12-month certification bottleneck that currently hinders industrial economic growth. The funding round was led by notable investors, signaling strong confidence in the venture's potential to disrupt traditional certification timelines. AI

IMPACT This venture aims to accelerate business processes, potentially impacting AI adoption by reducing certification delays.

RANK_REASON Significant funding round for a new venture by a notable founder. [lever_c_demoted from significant: ic=1 ai=0.7]

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Onfido founder raises $40M to speed up business certifications

COVERAGE [1]

  1. Mastodon — sigmoid.social TIER_1 English(EN) · [email protected] ·

    https://www. europesays.com/3082220/ Onfido founder raises $40M to kill the 12-month certification bottleneck holding back the industrial economy — TFN # AI # b

    https://www. europesays.com/3082220/ Onfido founder raises $40M to kill the 12-month certification bottleneck holding back the industrial economy — TFN # AI # business # Entrepreneurship # funding # London # News # startups # UK