Today Cambridge Blockchain the U.S.
digital identity startup
announced that Paypal has joined its Series A funding round with a view to exploring collaboration.
“Our service helps streamline digital identity compliance while giving customers control over their identity data,” said Matthew Commons, Cambridge Blockchain’s CEO. “We are honored by PayPal’s vote of confidence, and we look forward to their support and guidance.”
The startup focuses on digital identity, even in privacy stringent jurisdictions with experience in sharing identity data across European financial institutions.
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