Signzy has disclosed an INR 210 crore (approximately US$26 million) series B funding round led by Gaja Capital with participation from existing investors Vertex Ventures and Arkam Ventures, along with plans to grow its artificial intelligence and biometrics-powered platform for financial services.
According to a company announcement, the Bengaluru-based startup will use the funds to enhance its ‘no-code workflow digitalization’ platform and solutions, as well as expand its reach toward a global banking and financial services customer base.
From a technical standpoint, Signzy’s platform delivers seamless, end-to-end, and multi-channel biometric onboarding journey capabilities while also offering customizable workflows.
The technology enables companies to access an aggregated marketplace of more than 240 bespoke application programming interfaces (APIs) that can be easily added to workflows with simple widgets.
“The solution has been developed from the ground up to allow banks and financial services providers to roll out and offer fintech-like user…