Passbase helps companies automate identity verification processes to meet anti-money laundering (AML), know-your-customer (KYC), and age-restricted requirements around the world with a product offering that spans more than 6,000 IDs in 190 countries and 15 languages and has grown annual revenue eight-fold in the last year. The startup will use the new funding to expand its product suite and simplify policy management for cryptocurrency, fintech and other businesses using Passbase for authentication services to meet rapidly changing global compliance requirements and move faster into new markets and countries.