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Softbank spinoff's AI fund invests in British ID checking start-up Onfido

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version-2"> <div class="article-body-text component version-2"> <div class="component-content"> <p><span class="m_first-letter m_first-letter--flagged">J</span>apanese financial services giant SBI Holdings is eyeing an investment in London-based online identity start-up Onfido, <em>The Sunday Telegraph</em> has learned.</p> <p>Onfido, which has already secured $60m worth of investment from the likes of Microsoft and Salesforce, could be the first UK company to benefit from SBI's new artificial intelligence and blockchain-focused fund.</p> <p>SBI, an early spin-off from technology investing powerhouse Softbank Group, has pumped $450m into a new AI investing fund.</p> <p>Founded by three Oxford University graduates in 2012, Onfido has grown rapidly thanks to its online verification technology, which is used by fintech companies and banks, including Monzo and Revolut.</p> <p>Its image recognition...</p> <div class="premium-end-content"></div> </div> </div> </div> </article> <meta 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