Palo Alto based mobile fraud detection platform raised $15.5m in Series A funding led by Point72 Ventures.
“Identity assurance on mobile is of the utmost importance in protecting user accounts against increasing fraud. As mobile apps take over the world, reducing fraud and improving customer authentication experiences should be the top priority for all major fintech companies and any mobile-first businesses that deal with money,” said Adam Carson, Partner at Point72 Ventures. “We believe Incognia is at the forefront of mobile identity and authentication, and any mobile app that touches money has the potential to benefit from their solutions.”