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Digital identity company Prove Identity completes $40 million in financing

Prove Identity, Inc., a global digital identity solution provider, announced the completion of a $40 million financing round led by MassMutual Ventures and Capital One Ventures. So far, the platform's new international clients have grown by over 40%. This new financing round solidifies Prove's position as a global leader in the digital identity verification and authentication market. These funds will be used to launch new business support and anti-fraud use cases, continue Prove's global expansion, and address the constantly changing threats faced by all public and private institutions operating in the digital economy.