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ID.me tops $2 billion valuation in latest fundraise amid push to combat AI-driven fraud

Sept 3 (Reuters) - ID.me said on Wednesday it had raised $340 million across its latest funding round, combined with a credit facility, led by investment firm Ribbit Capital, valuing the digital identity wallet at over $2 billion.The Series E round included participation from existing investors Ares Capital and Moonshots Capital, along with new investor Positive Sum. The funding would be targeted towards preventing AI-driven fraud.Learn about the latest breakthroughs in AI and tech with the Reut...

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