SBI Holdings was established as a pioneer of Internet-based financial services, operating a financial conglomerate spanning securities, banking, insurance, and biotechnology.
SBI Financial Services acquired a minority stake in the digital asset trading firm to launch a strategic partnership.
"We expect a lot of synergies with B2C2, a firm which has a large number of clients globally and offers abundant liquidity, excellent price competitiveness, and a diverse suite of products for their customers. We will work to develop innovative new crypto products and deepen synergies across our group of companies."
The financing round was led by SBI Group and will support the company's growth in Asia and product development.
The pre-series A funding round was led by SBI Investment and will support expansion into Japan.
"This latest round of investment is a fantastic step forward for PixelPin and illustrates the level of confidence the global investor community has PixelPin and the UK fintech industry,"
The Series C financing was led by SBI Investment and Salesforce Ventures to support international expansion and product development.
"We chose to invest in Onfido because they have proven their expertise at using artificial intelligence to effectively fight fraud, giving businesses a safe and secure way to scale their businesses online."
