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Pindrop is a leading voice authentication, security, and intelligence company that operates primarily in the financial sector. The company's innovative technology uses unique voice identifiers to provide secure and efficient authentication, eliminating the need for traditional security questions. This voice-based security model is not only more secure but also offers a more user-friendly experience, reducing friction for customers.

Pindrop's services are trusted by many global brands, including some of the largest financial institutions and insurers in the US and UK. The company's technology has been effective in detecting spoofed calls and stopping fraud losses, thereby enhancing the security of these institutions.

In addition to serving financial institutions, Pindrop also offers its voice authentication and security services to consumers. The company's technology can be integrated into mobile apps and smart devices, providing users with a safe and intuitive way to access their applications. This includes features like a car that only unlocks for its owner or a personalized playlist activated by the user's voice.

Pindrop's business model is based on providing these voice authentication services to businesses and consumers. The company makes money by charging its clients for the use of its technology. Pindrop also offers an ROI calculator on its website, demonstrating the potential cost savings, operational improvements, and fraud loss reduction that businesses can achieve by using its services.

Keywords: Voice Authentication, Security, Intelligence, Financial Institutions, User-Friendly, Global Brands, Spoofed Calls, Fraud Losses, Mobile App Integration, Smart Devices.

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Investments by Pindrop

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ACQUISITION by Pindrop Mar 2021