Former Revolut employees secured $6 million in funding for a biometric payments startup focused on palm-vein and contactless authentication. The round reflects growing fintech investor interest in friction-free payment auth where camera or sensor-based identity replaces card / PIN workflows.
Palm-scan technology lowers fraud and chargebacks by tying payments to immutable biometrics, appealing to card networks and merchants. The funding validates a market shift toward frictionless commerce where blockchain-adjacent identity verification and passwordless payment rails gain adoption in emerging markets with less legacy payment infrastructure.