London’s PixelPin to open Tokyo office after raising £1.5m in funding round

Apr 15, 2019 · bdaily.co.uk

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London-based security startup company PixelPin has announced plans to open an office in Tokyo, Japan after closing a £1.5m pre-Series A funding round.

PixelPin specialises in image-based security authentication, replacing passwords with pictures using its cloud-based platform.

Led by the investment arm of Japanese fintech specialist SBI Holdings, the round saw SBI AI & Blockchain Fund invest £1m with an additional £500k from existing angel investors.

Geoff Anderson, CEO and co-founder of PixelPin commented: "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,"

"We’ve been extremely diligent in our search for the right investor partners and are delighted that SBI Group has chosen to work with us as we look to expand our reach into Japan and the wider Asian market where we’re sure the group’s knowledge and experience will be a huge asset."

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