Incode acquired Identiq as part of $100M investment in identity and fraud prevention. Identiq’s cryptographic tools let organisations share fraud signals without exposing underlying customer data.
Financial terms for acquisition not disclosed. $100M commitment funds on-device processing, privacy-enhancing tech R&D, engineering hires, international expansion.
Identiq spent close to a decade and >$50M building patented peer-to-peer anti-fraud collaboration. Context: AI lowers cost of fraud, increasing demand for privacy-preserving network intelligence.