Paris-based startup Prelude has raised €7.6 million in seed funding to expand its fraud-resistant SMS verification services.
The investment will support Prelude's expansion across Europe and North America and enhance its platform to offer mobile-first onboarding services.
Prelude addresses SMS verification challenges by reducing costs for clients by an average of 40% through identifying cost-effective routing options.
The company aims to broaden its services beyond one-time password verification and empower businesses to streamline user verification, onboarding, and engagement.