📝 Prelude raises $30M

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Paris-based identity and verification startup Prelude has secured a $20 million Series A funding round to dismantle the fractured, fraud-ridden landscape of digital onboarding. Led by venture capital firm 20VC—with strong backing from prominent institutional funds like Singular and Seedcamp alongside operators from tech giants like Revolut and Match Group—the influx of capital will fuel the global expansion of a platform built to replace outdated, costly verification checkboxes. Founded in 2023 by former Zenly engineers Matias Berny and Quentin Le Bras, who personally experienced the systemic inefficiencies of telecommunications routing, Prelude addresses hidden commercial drains like artificial SMS traffic inflation and high customer drop-off rates on one-time password screens. By unifying traditionally disconnected tools—such as identity layers, fraud vendors, and device software development kits—into a single machine-learning infrastructure, the platform uses real-time behavioral and telecom network signals to lower verification costs for corporate clients by an average of 40%. The newly acquired capital coincides with the rollout of the startup's fresh Auth and Intel application programming interfaces, designed to transition security infrastructure away from traditional, highly vulnerable passwords toward continuous, lifecycle-wide trust evaluations.

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