Through its Venture Capital investment platform, the Technology Investment Account (TIA), More Capital participated in a TPG led USD 100 Million round raised by Onfido.

Onfido is a London-based startup that had developed an Artificial Intelligence (AI) technology platform revolutionizing the online identity standard. Onfido’s platform initially assesses the authenticity of government-issued IDs, and then compares them against users’ facial biometrics in order to ensure that the person presenting the ID is its legitimate owner and is physically present.

To know more about Onfido and the deal, check this article on TechCrunch