Prove (formerly Payfone) Stock

Prove is the modern way of proving identity with just a phone.

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About Prove (formerly Payfone) Stock

Prove is the modern way for businesses to enable their customers to prove their identities with just a phone. Prove offers phone-centric solutions that enable its customers to acquire new consumers and engage with their existing consumers by removing friction while bolstering security, and enhancing consumer privacy and consumer choice. Prove's solutions are used by more than 1,000 businesses across diversified industries, including banks, financial services, healthcare, insurance, and e-commerce. Prove has two main solutions + MFA: • Prove Pre-fill™ for Onboarding & Digital Acquisition, which helps companies increase signups and mitigate account opening fraud by authenticating consumer identities, and auto-filling verified data in any channel. • Fonebook™ for Digital Servicing, which helps companies: - Access a single identity authentication platform that reduces complexity and total cost of ownership to create a holistic view of your customer across their entire channels - Manage, add, and update customer phone numbers to ensure you always have the right number for your customer Multi-factor Authentication: - Standard SMS & Voice OTPs - Instant Link™ (authenticate through SMS link without needing OTP) - Mobile Auth™ (authentication via cellular networks; passive method for passwordless login) - Voice Biometrics – Match against a consumer’s voice for authentication - Push Authentication – App-based method to prove Possession, can also pull in behavioral biometrics, device (PKI), and environmental (Wi-Fi, Bluetooth, network) signals - Secure transactions across multiple digital servicing use cases, including login, high-risk transactions, call center, and passwordless login

Funding History

June 2008$1.6M
August 2010$11.0M
April 2011$18.6M
October 2013$10.0M
January 2017$23.5M
February 2018$23.0M
April 2019$15.1M
June 2020$98.0M



Rodger Desai

Chief Financial Officer

Tom FitzSimmons

Chief Marketing Officer

Brad Rosenfeld

Chief Revenue Officer

Kathleen Waid

SVP & GM - Global

Geoffrey Miller

Chief Technology Officer

Greg Bonin

Senior Vice President – Strategy

Michael Lynch

Chief People Officer

Sandra McNeill

SVP & GM - International

Ravi Bijlani

SVP, North American Sales

Michele O'Shaughnessy

Board Member

Gill Cogan

Board Observer

Jonathan Weiner

Board Observer

Alex Baker

Head of Engineering & TechOps

Aaron Rodriguez

Board Observer

Matt Lipton


Amol Sarva

Board Member

Stuart Ellman

Board Member

Zach Fuchs

Board Observer

Eric Emmons

Board Observer

Kevin Weber

Chief of Staff

Dimitre Boyukliev

SVP, Consortium

Michelle Wheeler

Cofounder & Board Observer

Mike Brody

Board Member

Shai Cohen

Board Member (Early Warning Liason)

Eric Woodward

Head of Product, Developer Platforms

Leandro Margulis

SVP, Global Sales

Paul Stovall

Advisory Board Member

Jim Greenwell

Board Member

Mike Spadafore

Head of Product

Mike Bijelich

Advisory Board Member

Bob Geiman

Head of Partnerships & Channels

Nancy Yates

Board Member

Daniel O'Keefe

Advisory Board Member

Ralph de la Vega

Advisory Board Member

Strauss Zelnick

Board Observer

Carl Showalter

Board Member

Geoffrey Miller

VP of Engineering

David Berra

Board Member

Kevin Talbot

Board Observer

Charles Svirk

Advisory Board Member

Rajive Mathur


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