ShoCard, Inc.
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.5m | Seed | ||
$4.0m | Series A | ||
N/A | Acquisition | ||
Total Funding | $5.5m |
Recent News about ShoCard, Inc.
EditShoCard operates in the digital identity verification market, providing a platform that allows users to securely verify and share their personal data. The core product is the ShoCard wallet, a mobile application where users can store their verified identity information. To use the service, individuals take a selfie and scan their government ID, which is then securely stored on their mobile device. Users can share selected information with businesses or individuals by scanning a QR code, ensuring that only the data they choose to reveal is accessible. This service is particularly useful for activities requiring identity verification, such as making large purchases, accessing medical care, or applying for loans. ShoCard's business model likely includes monetizing through partnerships with businesses that require secure identity verification services, as well as potential subscription fees for premium features. The company serves a wide range of clients, from individual users to businesses in sectors like finance, healthcare, and e-commerce.
Keywords: digital identity, verification, mobile wallet, QR code, secure data sharing, personal information, government ID, user control, identity verification, data privacy.