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popid.com

Founded Year

2016

Stage

Series B | Alive

Total Raised

$15M

Last Raised

$10M | 1 yr ago

About PopID

PopID provides a trusted and secure platform that enables businesses to give their customers and employees the option of authenticating their identity through consumer-initiated facial recognition. The service is currently being used for entry into buildings and events (PopEntry) and payments (PopPay).

PopID Headquarter Location

6800 Owensmouth Avenue Suite 350

Canoga Park, California, 91303,

United States

ESPs containing PopID

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Payments Tech

Biometric payments companies provide a POS technology (e.g., software, wallet, platform) that uses biometric authentication. These solutions validate a payer’s identity and approve payments using their fingerprints, palm, voice, iris, or face. Many biometric payments companies leverage AI, machine learning (ML), or blockchain tech to assess whether a payer’s identity is authentic. Other startups c…

PopID named as Leader among 5 other companies, including PopCom, Payface, and Saffe Payments.

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Research containing PopID

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned PopID in 5 CB Insights research briefs, most recently on Jun 7, 2021.

Expert Collections containing PopID

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PopID is included in 4 Expert Collections, including Payments.

P

Payments

2,323 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

A

Artificial Intelligence

9,093 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

S

Store management tech (In-store retail tech)

34 items

Companies driving more efficient payment and checkout for retailers and shoppers.

F

Fintech

7,442 items

US-based companies

PopID Patents

PopID has filed 2 patents.

The 3 most popular patent topics include:

  • Biometrics
  • Face recognition
  • Bluetooth
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/20/2020

Face recognition, Sensors, Biometrics, Locks (security device), Security technology

Application

Application Date

5/20/2020

Grant Date

Title

Related Topics

Face recognition, Sensors, Biometrics, Locks (security device), Security technology

Status

Application

Latest PopID News

SunCash and PopID launch biometric scanning in a ‘first-ever’ for CBDC transactions

May 20, 2022

SunCash and PopID launch biometric scanning in a ‘first-ever’ for CBDC transactions  By Bahamian fintech SunCash has signed with biometrics verification firm PopID in ‘a first-of-its-kind’ development for central bank digital currencies (CBDCs). The Sand Dollar is the archipelagic state’s digital equivalent of the Bahamian Dollar, both being issued by the Central Bank of The Bahamas and supported by various authorised financial institutions (AFIs). Launched in late 2020, the Sand Dollar was the country’s answer to the global shift towards digital payments that was immensely accelerated by COVID-19. The Bahamas was the first to launch a nationwide CBDC and was followed by 13 others as of 2022, the Atlantic Council reports. Upon launching its digital dollar, the government granted several financial institutions contracts to come up with their own digital wallet, one of which was that of SunCash. Now, those fintechs play a significant part in promoting the use of the Sun Dollar through extensive networks of merchants. However, SunCash has taken it a step further by partnering with PopID. In what both companies label as “the first time in history” for CBDCs, SunCash wallet holders can make purchases with Sun Dollars without using anything else except their faces. Once a SunCash customer has registered their biometric data with PopID’s facial recognition software, they can go to any supported store location, have their face scanned and automatically make a transaction in Sun Dollars without the need of physically carrying a smartphone or a payment card with them. John Miller, CEO of PopID and Chairman of holding company Cali Group, said: “The PopPay platform is designed to allow consumers to link any payment method to their face, including credit cards, debit cards, direct bank transfers, stablecoins, and CBDCs. “With governments around the world increasingly implementing CBDCs to replace physical cash, PopPay serves the critical policy objective of ensuring that all people can transact with the currency.”  The CEO of SunCash, Desmond Pyfrom, provided additional comments on what he believes makes the latest development for the Sun Dollar important for Bahamians. He said: “PopPay’s cutting edge technology provides a more consumer-friendly, seamless, and secure experience for SunCash’s users. With the integration of the PopPay platform into the SunCash App, Bahamian consumers can now quickly, efficiently, and safely use the digital Sand Dollar to purchase food and other products even if the consumer does not have a functional smartphone or an internet connection.” John Rolle, Governor of the Central Bank of The Bahamas, praised the partnership, calling it an ‘advancement’ for the local society:  “We applaud SunCash for its deployment of this solution that allows Bahamians to transact in Sand Dollar using only their face. “Such security features are important to increasing personal comfort around the use of digital payments and advancing the Central Bank’s goal of increasing financial inclusion among all segments of our society,” Rolle concluded. TAGS

PopID Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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PopID Rank

  • When was PopID founded?

    PopID was founded in 2016.

  • Where is PopID's headquarters?

    PopID's headquarters is located at 6800 Owensmouth Avenue, Canoga Park.

  • What is PopID's latest funding round?

    PopID's latest funding round is Series B.

  • How much did PopID raise?

    PopID raised a total of $15M.

  • Who are the investors of PopID?

    Investors of PopID include Cali Group, The Wasserstrom Company, Japan Computer Vision, SmartCityX, Wavemaker Partners and 4 more.

  • Who are PopID's competitors?

    Competitors of PopID include Token, Keyo, Payface, PayByFace, Paycode and 7 more.

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Liquid is focused on the research and development of payment solutions including biometric search engines and image recognition technology, biometric authentication devices, and tablet-type cashier systems.

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PopCom is the company behind PopCom Kiosks and the PopCom API. PopCom software and API boosts marketing intelligence and customer engagement with features like demographic analysis, face and emotion recognition, conversion rate calculation, retargeting, digital and biometric payments, loyalty programs and much more.

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Saffe Payments

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PayByFace

PayByFace provides a secure digital payment ecosystem for a faster and more convenient shopping experience. It offers a cardless payment merchant kiosk device directly at the store and allows users to just use facial recognition to make purchases. PayByFace was founded in 2019 and is based in Bucharest, Romania.

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Swip

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