Raises Best New $15.5M Series A To Combat

Incognia: Raises $15.5M Series A to Combat Increased Identity Fraud

• Incognia is a privacy-first location identification firm that gives frictionless cell authentication to banks
• Point72 Ventures is a world enterprise capital technique led by a various set of area specialists with the capital
• Announced it raised $15.5M in Series A funding led by Point72 Ventures
• The new funding spherical will help continued development
• Addresses the balancing act between friction and safety for consumer authentication and fraud prevention on cell purposes
• With new account fraud growing 109%, and account takeover losses growing 90%