LOQR
LOQR is a technology partner specializing in secure and seamless digital transformation for financial institutions through its Journey-as-a-Service (JaaS) platform. It offers end-to-end, compliant, and automated digital journeys such as KYC/KYB, identity verification, and qualified electronic signatures, enabling banks to increase customer stickiness, conversion rates, and operational efficiency. LOQR's platform supports multiple secure digital processes with AI-driven identity verification and legally binding digital signatures recognized across the EU. The company serves mainly established banks, with a strong focus on cybersecurity and compliance, and has a significant footprint with over 80 million potential users and high user satisfaction rates. LOQR's business model is SaaS, providing a comprehensive platform that accelerates digital banking transformation while ensuring regulatory compliance and fraud prevention.
LOQR
LOQR is a technology partner specializing in secure and seamless digital transformation for financial institutions through its Journey-as-a-Service (JaaS) platform. It offers end-to-end, compliant, and automated digital journeys such as KYC/KYB, identity verification, and qualified electronic signatures, enabling banks to increase customer stickiness, conversion rates, and operational efficiency. LOQR's platform supports multiple secure digital processes with AI-driven identity verification and legally binding digital signatures recognized across the EU. The company serves mainly established banks, with a strong focus on cybersecurity and compliance, and has a significant footprint with over 80 million potential users and high user satisfaction rates. LOQR's business model is SaaS, providing a comprehensive platform that accelerates digital banking transformation while ensuring regulatory compliance and fraud prevention.
TL;DR
Company: LOQR — Journey-as-a-Service for financial institutions
Core product: AI-powered digital trust & identity platform (KYC/KYB, video biometrics, QES)
Headquarters: Portugal
Business model: SaaS
Notable funding: Reported €8M Series A (June 2021); latest reported round Aug 26, 2021
Company Overview
Problem Domain
Digital onboarding, identity verification, e-signatures and compliance for banking and regulated financial services.
Founded
2015
Industry
Fintech / Digital Identity
Funding Track Record
€8,000,000
Reported Series A in June 2021 with investors including Iberis Capital and Semapa Next
Latest reported round on Aug 26, 2021
Investor Signal
“EDP Ventures, Iberis Capital and Semapa Next participated in Series A; additional investors across rounds include Tenity, Start Ventures, BiG Start Ventures, HCapital, Betwixt Ventures and Banco de Investimento Global.”