What is mSIGNIA?
mSIGNIA specializes in providing frictionless, multi-factor authentication for users and devices through its innovative mobile-first, data-managed solutions. The company's patented Digital Biometrics technology leverages anonymized personalization and log data on a user's device to create a unique Digital Biometric, which is more distinctive than a fingerprint and independent of hardware. This capability allows mSIGNIA to recognize users across multiple devices, even new ones, by synchronizing data. As a 4-year EMVCo technical advisor and provider for global EMV 3DS solutions, mSIGNIA is at the forefront of setting industry standards for secure payment authentication.
How much funding has mSIGNIA raised?
mSIGNIA has raised a total of $2.6M across 2 funding rounds:
Private Equity
$2.5M
Debt
$109K
Private Equity (2017): $2.5M, investors not publicly disclosed
Debt (2021): $109K led by PPP
Key Investors in mSIGNIA
PPP
Public-Private Partnership
What's next for mSIGNIA?
With its recent major strategic investment and a history of enterprise-level backing, mSIGNIA is well-positioned for significant expansion. The company's focus on patented Digital Biometrics and its advisory role in EMVCo standards indicate a strategic direction towards solidifying its leadership in analytical identity for payments. Future initiatives are likely to involve scaling its technology infrastructure, enhancing its product offerings to meet growing global demand for secure authentication, and forging new partnerships within the financial technology sector. This capital will fuel innovation and market penetration, reinforcing mSIGNIA's competitive edge.
See full mSIGNIA company page