moQom secures $3m funding

moQom, the Level39 member and mobile identity and authentication management platform, today announced  additional financing taking their investment to $3 million.

This round of capital, provided by Pinemount Ltd, will be used to expand the scale of operations across the company across Ireland and UK.

The technology enables banks to implement multi-factor authentication and manage customer identity across different channels including SMS, video or through apps.

moQom CEO and Founder Colin Larkin stated, “Proceeds will be used for continued research and development, industrialising current IP and exploration and expansion into new markets and opportunities. The funds will bolster, accelerate, and seal our plans for the future.”

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