Framework Venture Partners reposted this
I’m excited to announce that Incode has acquired MetaMap, an innovative provider in identity mapping. The result is a forward-looking company that will accelerate the future of identity verification. The combined strengths of both companies create a powerhouse built to both capture the emerging opportunities and tackle the evolving challenges in identity today. Combining these two companies creates a long list of benefits for both our customers and the new combined entity. A few highlights: Building a Smarter, Larger Trust Network: Enhanced fraud capabilities through a joined fraud network that has seen hundreds of millions of identities in the past year. This network will allow us to more quickly identify good users from bad ones. Strengthened Market Position: The combination creates a leading solution across more than a hundred countries. We combine the enterprise-grade technology that has made Incode the global leader in trust and identity with MetaMap’s low-touch expertise to offer a platform that suits every need. Commitment to Innovation: Generative AI has lowered barriers for fraud, making it more accessible than ever. By combining Incode’s constantly evolving liveness technology to detect deep fakes with MetaMap’s continuous optimization platform, Incode will revolutionize how identity verification is done today. Much more to come but, for now, a warm welcome to both the customers and employees of MetaMap! https://lnkd.in/gkQhKJka