FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Lightico raises $15M in latest funding round

Capital One uses fintech’s new digital completion cloud for auto lending

Myra ThomasbyMyra Thomas
July 19, 2021
in Risk & Security
Reading Time: 2 mins read
0
Share on Facebook

Lightico, a fintech that automates e-signatures and other customer-identification verifiers, today announced an additional $15 million follow-on series B funding round led by Capital One Ventures, bringing the total round to $27 million, and representing the group’s second financial investment in the fintech in less than a year.

Capital One Ventures is the venture capital arm of Capital One Financial, the holding company for the $422 billion bank, which uses Lightico’s digital solution to fully digitize its own customer-facing interactions.

Photo by Pixabay

“Their investment is a direct result of the positive impact Lightico’s Digital Completion Cloud has had on Capital One’s financing business,” Zviki Ben Ishay, Lightico CEO and co-founder, told Bank Automation News. The new, no-code solution allows companies to gather electronic signatures and documents, perform identity checks and verification, and accept payments via smartphone. Business customers can integrate the solution via an open API or through their own business systems, such as Salesforce.

The latest investment follows a trend of Capital One Ventures investing in the companies it uses, such as solutions from B2B payments startup Melio and data cloud company Snowflake.

“Capital One seeks to consistently provide the best possible digital experience to its customers, and Lightico has been a valuable partner in keeping Capital One Auto Finance at the forefront of our industry,” said Steve Braskamp, senior vice president in Capital One’s auto finance division.

The funds will be devoted to supporting the rollout of Lightico’s new product, as well as continued product innovation and the expansion of the fintech’s research and integrations teams, Ishay said. Lightico currently has about 110 people on staff and expects to increase that number to about 200 by next year, he added.

Lightico’s clients include financial institutions and insurance providers, including Westlake Financial, Happy State Bank, First Bank of Illinois and Indiana, Stockman Bank, BT, and MetLife.

Tags: Capital Onefundingidentity verificationLighticoPremium
Previous Post

Ransomware attacks becoming increasingly sophisticated

Next Post

How cloud-based technology can support M&A activity

Related Posts

Moonshot’s Kimi K3 on browser
Risk & Security

Kimi AI escapes sandbox in third-party test, researchers say

August 7, 2026
Risk & Security

AI voice authentication ‘a cat-and-mouse game’, experts warn

August 6, 2026
Multiple blue cubes showing the silhouettes of people, with one red cube showing a silhouette wearing a mask and with an alert symbol
Risk & Security

Synthetic identities both friend and foe in anti-fraud processes

August 5, 2026
Next Post
How cloud-based technology can support M&A activity

How cloud-based technology can support M&A activity

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

 [wt_cli_manage_consent]

Connect

twitter linkedin podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account