Payface is a company that specializes in payment technology, specifically in the domain of facial recognition. The company offers a service that allows customers to make purchases and identify themselves without the use of cards, wallets, or cash, simply by using their faces. This technology is primarily used in the retail industry. It was founded in 2018 and is based in Florianopolis, Brazil.
Payface's Product Videos
ESPs containing Payface
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The biometric payments market offers a more secure and convenient way for customers to authenticate their identity and make payments. With the increasing threat of identity theft and fraud, biometric authentication provides an invulnerable solution that is resistant to social engineering, malware, and tampering. Biometric payments also offer a frictionless, touchless, and real-time user identifica…
Payface's Products & Differentiators
Payment Initiation Service Provider through facial recognition. We connect the face of the customer to his/her preferred payment method streamlining the in-person checkout experience by providing identification and payment process in one fluid and convenient journey.
Research containing Payface
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Payface in 1 CB Insights research brief, most recently on Sep 21, 2022.
Expert Collections containing Payface
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Payface is included in 3 Expert Collections, including Payments.
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Excludes US-based companies
Latest Payface News
Oct 24, 2023
Brazilian fintech Payface acquires SmileGo to move into private label Shares Payface , a fintech specializing in facial biometric payments, acquired SmileGo , a facial recognition startup for white label card markets. “The merge of Payface and SmileGo reinforces our commitment to enhancing retail security and shopping experience through facial biometrics,” said Victor Braz , former CEO of SmileGo. Payface aims to have one million active users monthly, emphasizing the security benefits of biometric payments for card issuers. Read more on latamfintech
Payface Frequently Asked Questions (FAQ)
When was Payface founded?
Payface was founded in 2018.
Where is Payface's headquarters?
Payface's headquarters is located at Bairro Santa Mônica, Florianopolis.
What is Payface's latest funding round?
Payface's latest funding round is Series A - III.
How much did Payface raise?
Payface raised a total of $9.92M.
Who are the investors of Payface?
Investors of Payface include BTG Pactual, Oikos, HiPartners, VC Fintech Revolution, Hiventures and 10 more.
Who are Payface's competitors?
Competitors of Payface include SmileGo and 4 more.
What products does Payface offer?
Payface's products include Payface and 1 more.
Who are Payface's customers?
Customers of Payface include St. Marche, Super Mercado Zona Sul and Prezunic Supermercado.
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