Salesforce and SBI co-led a $50m round for the identity verification provider that included Microsoft and CreditEase, valuing it at about $250m.

UK-based credentials checking service Onfido raised $50m on Wednesday in a funding round co-led by Salesforce Ventures and SBI Investment subsidiaries of enterprise software producer Salesforce and financial services firm SBI.

M12 and CreditEase Ventures, respective investment vehicles for software provider Microsoft and online lending platform CreditEase, also took part in the round, as did Fin Venture Capital, Acequia Capital, Tuesday Capital, Crane Venture Partners, Idinvest Partners, Augmentum Fintech, Wellington Partners, B&Y Venture Partners, TempoCap and Talis Capital.

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