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Founded Year

2018

Stage

Series A - III | Alive

Total Raised

$9.92M

Last Raised

$9.24M | 8 mos ago

About Payface

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.

Headquarters Location

Bairro Santa Mônica Rua Nery Cardoso Bittencourt, No. 278, SLJ, CEP 88.035-100

Florianopolis, 88032-000,

Brazil

+55 11 4858-9951

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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.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

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 named as Leader among 15 other companies, including PayPal, Cloudwalk, and Incode.

Payface's Products & Differentiators

    Payface

    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.

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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.

P

Payments

2,821 items

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.

A

Artificial Intelligence

11,383 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

F

Fintech

12,502 items

Excludes US-based companies

Latest Payface News

Brazilian fintech Payface acquires SmileGo to move into private label

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 Oikos, BTG Pactual, VC Fintech Revolution, HiPartners, 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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Compare Payface to Competitors

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BitGo focuses on providing secure and solutions for the digital asset economy. The company offers a range of services including regulated custody, financial services, and core infrastructure. BitGo primarily serves investors and builders in the digital asset economy, including exchanges, retail platforms, crypto-native firms, and institutional investors. It was founded in 2013 and is based in Palo Alto, California.

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Saffe

Saffe specializes in fraud prevention and personal data protection in the technology sector. The company offers a service that combines artificial intelligence, facial biometrics, cryptography, and distributed computing to verify customers and protect businesses from online fraud. Its products are GO Safe and Safe SaaS. It primarily serves the financial services sector, the e-commerce industry, and the access control domain. It was formerly known as Facewallet. It was founded in 2015 and is based in London, United Kingdom.

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Paga

Paga operates as a mobile money company that is building an ecosystem to enable people to digitally send and receive money, and creates simple financial access. It was founded in 2009 and is based in Lagos, Nigeria.

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FaceNote

Facenote provides biometric technology for retailers to identify their customers providing new store experiences such as loyalty rewards, personalized discounts, and facial payments. The company was founded in 2016 and is based in 2016 and is based in Buenos Aires, Argentina.

W
Wink

Wink provides a biometric-based strong authentication and payments platform. It delivers a passwordless omnichannel checkout and login combining face and voice recognition, artificial intelligence, and machine learning technology to help to provide secure passwordless login and payment. The company was founded in 2021 and is based in Plano, Texas.

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PayEye

PayEye is a payment processing company that operates in the financial technology sector. The company's main service is a biometric payment solution that uses iris recognition to verify users and accept payments, eliminating the need for physical wallets or phones. The company primarily serves the ecommerce industry. It was founded in 2019 and is based in Wroclaw, Poland.

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