PopID Closes Equity Financing
Summary
PopID closed an equity financing round backed by strategic and financial investors including Verifone, PayPal, Visa Ventures, and Commerce Ventures. The company will use the new capital to build infrastructure for an open biometric network that connects point-of-sale systems with loyalty, payments, wallets, and alternative payment methods. PopID also highlighted its partnership with Verifone, which will retrofit terminals and embed biometric authentication into future devices. The company positions its face and palm authentication platform as a way to make checkout and loyalty experiences more secure, convenient, and fast.
Funding
Amount
None
Total raised
Date
June 4, 2025
Announcement date
Investors
Cali Group, Paypal Startup Blueprint, Commerce Ventures, Zivelo, Chipotle Mexican Grill
Lead investors
Company
popid.com
Funded company
Classifications
industries
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applications
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