Avid Ventures

The pandemic has accelerated digital transformation for countless industries. In fintech, digital institutions are faced with the quandary to buy or build. Alloy is a SaaS platform and integrated API that makes that decision easier with its robust offering that offloads the process of identity verification for neobanks, scaling fintech startups, platform banks, and others. This is critical not only for onboarding but also on an ongoing basis. Cofounder and Chief Revenue Officer Laura Spiekerman shares more on the genesis of Alloy, the company’s experience working with its partners during the pandemic, and the company’s recent funding round from investors that include Canapi Ventures, Felicis Ventures, Avid Ventures, Bessemer Venture Partners, Primary Venture Partners, and Eniac Ventures.