Articles
Yoti raises £8m equity investment at an £82m valuation
At Yoti, we believe there’s tremendous potential to be gained if everyone has access to a digital identity. That’s why over the past few years, we have invested millions into giving people an easier and safer way to prove who they are. Our latest funding round of £8 million new equity investment will help us continue to grow our consumer network, invest in product development and expand our operations globally. This funding has come from existing private investors, employees and our CEO and Co-founder Robin Tombs. This gives Yoti a post-money equity valuation of £82 million, following two previous investment
Developing our facial age estimation tech through roundtable discussions
Here at Yoti, we’re on a mission to become the world’s most trusted identity platform. This isn’t something we plan on doing on our own but with the input, expertise and knowledge of people from all across society. We have our Guardian Council of influential individuals who ensure that we always seek to do the right thing, and that we are transparent about what we are doing and why. We also have an internal trust committee, who oversee the development and implementation of our ethical approaches. Earlier this year, we held two roundtables with experts in their fields to discuss
Reflections on the launch of our Digital Identity Fellowship Programme
Earlier this year, after an extended period of research and evaluation, we announced the launch of a new Social Impact Strategy. With an unashamed grassroots focus, each activity was designed to help us better understand, support and empower individuals and organisations working on critical issues of identity, primarily in the Global South. A flagship activity from the Strategy is a Fellowship Programme which we launched in April. Over a two-month application period, we invited proposals for research, media, policy or development solutions based on four key themes related to identity or digital identity. With a preference for applicants from the Global South, outputs
Yoti accepted on the government's G-Cloud Framework
Yoti is pleased to announce that it has once again been approved to list services under the Crown Commercial Services G-Cloud framework. G-Cloud allows UK public sector bodies to choose and buy cloud computing services without the need for a lengthy procurement process. It provides a quick and easy route to market, access to the latest technology and reduced cost of ownership. Since its inception in 2012 there has been £4.72bn worth of sales through the framework with 45% of the spend awarded to SMEs. A range of Yoti services, covering identity verification, authentication, e-signing and age estimation are now
Yoti is partnering with Sparkle, the national transgender charity in the UK
The way we prove our identity is broken. Outdated processes and documents, created long before the digital era, make proving who we are to businesses and other people challenging. Yoti wants to change that. We are focused on making it faster, easier and safer for anyone to prove their identity using their phone. Unfortunately, these challenges are amplified for transgender, non-binary and gender variant communities. We want to do what we can to help fix that. That’s why we’re partnering with national transgender charity, Sparkle, who work hard to build a more inclusive future. Who is Sparkle? Sparkle promotes
Women in leadership at Yoti: key takeaways from our inspirational leaders
Here at Yoti, we have some pretty inspiring role models – not just right up at the top, but all throughout the company. Last Thursday, two such women put on an insightful and inspiring session on women in leadership, absolutely leading by example. In a very relaxed round table, we learnt from the personal experiences and insights of our Director of Regulatory & Policy Julie Dawson, our Privacy Officer Emma Butler, and our Chief Marketing Officer Leanne Marshall. We want to thank them for their unabashed honesty and pearls of wisdom that they shared, and for being a constant source