Waterfront’s corporate team has advised identification verification solution provider, Shufti Pro Limited on a $20 Million Series A Funding round led by Updata Partners.

The investment will be used to accelerate Shufti Pro’s global expansion providing additional resources to push their completely automated solution to new markets to help solve organisations’ unsatisfactory IDV process.

The Waterfront team advising on the investment was led by partner Matt Cunningham who was supported by associates Charlotte Lang and Jo Stacy.

Victor Fredung, the CEO of Shufti Pro, “we were really impressed by the speed at which Matt and the team worked to get everything in place for the investment. We look forward to working with them again in the future.”