Wink, a Plano, TX and CA-based provider of a biometric identity and payments platform, raised an additional $3M in seed funding.
The financing was led by Cerracap Ventures, with participation from Flying Point Industries and several family offices from Texas and California.
The company intends to use the funds to continue to strengthen and commercially roll out its platform offering.
Led by founder and CEO Deepak Jain, Wink provides a device agnostic multifactor biometric identity and payments platform that combines face and voice recognition, AI, advanced ML, and ChatGPT technology for passwordless login and payment experiences. Its payments platform supports major payment methods such as credit cards, debit cards and major wallets popular with consumers. It also supports sending biometric payments to more than 200 major gateways and provides advanced network tokenization and PCI compliant data protection to customers looking to bring fraud free payments to their consumers.
Using the technology, institutions will be able to authenticate and accept payments from their consumers across the billions of computers, smartphones, connected cars, SmartTVs, POS terminals and any IOT device that is camera and internet enabled.
This seed equity round follows the $2.85 million previously raised in a pre-seed round in 2021-22.