ID.me Announces Closing of Secondary Tender | PR Newswire [Video]

, /PRNewswire/ — ID.me, the market-leading digital identity wallet today announced it has closed a $67 million investment in the form of a tender offer led by new investor Ribbit Capital, with participation from existing investors Viking Global Investors and CapitalG.

“Our rapid growth trajectory and user adoption have been recognized by esteemed institutional investors, and this transaction highlights the differentiation our market-leading outcomes of expanding digital access, protecting privacy, fighting fraud, and ensuring frictionless user experience are receiving in the market,” said Blake Hall, Founder and CEO of ID.me.

ID.me aims to solve the password management problem once and for all by delivering a secure login Americans can use to easily access websites and prove identity wherever they go. Because ID.me’s digital wallet also enables storage of data and verified credentials, this means that Americans never have to repeatedly fill out forms and prove identity – they can simply reuse verified data …