Paycasso Verify Limited raises £583.3k for identity fraud prevention

An estimated £583.3k has been raised at an undisclosed valuation to further develop facial recognition and computer learning technology by Paycasso Verify Limited, which specializes in combating identity fraud. The company provides tools to protect organizations, consumers, and investors from risks associated with money laundering and impersonation.

Based in London and founded in 2012, the FinTech business maintains a patented product portfolio consisting of four solutions. These products operate throughout the customer lifecycle, specifically serving financial institutions in emerging markets such as Africa.

This latest investment follows a total of £3.5m secured last year. Accounting records for the period ended 31 May 2025 show the firm maintained a headcount of 12 employees. The documentation for this round was filed in July 2026, following an allotment of shares in February.