Paycasso Verify Limited raises £740.6k for identity fraud prevention technology

Combating identity fraud through innovative facial recognition and computer learning technology is the primary focus of Paycasso Verify Limited, which has just secured an estimated £740.6k in new funding. Based in London, the FinTech firm provides a patented product portfolio consisting of four distinct solutions designed to address organizational, consumer, and investor risks. These tools are specifically engineered to mitigate money laundering and impersonation fraud throughout the entirety of the customer lifecycle.

Since its incorporation in 2012, the business has concentrated on providing services to financial institutions, with a particular emphasis on emerging markets such as Africa. This latest capital injection (allotted in February and filed in July) follows a larger funding total of £3.5m which the company secured throughout 2025.

The company maintained a workforce of 12 employees according to its latest accounts for the year ended 31 May 2025.