BUSINESS TODAY - Apr 9 - TrulyMadly users will now be able to use Yoti to verify their personal details, such as name and age, which will boost the Trust Score on their profile, giving other daters assurance that the profile is genuine. This is Yoti's first partnership in India after launching its services in the country earlier this month. The app, which has usage for end-users as well as companies, has been downloaded ~500k times so far on Play Store. The company had raised 8M pounds of funding in November and is valued at 65M pounds. The company is targeting India, US and UK markets initially and is looking at sectors of banking and financial services, dating, insurance, peer to peer commerce, for more partnerships.
by Devika Singh
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Summarized by the IDEA team
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