Digital identity company Yoti has received E12.5 million debt funding from HSBC, and a furtherE7.5 million convertible debt funding from existing shareholders. The E20 million funding willsupport the continued growth of the company through to achieving profitability and beyond.

This funding round follows the E10 million Lloyds Banking Group invested in Yoti earlier thisyear. Yoti's total funding to date now exceeds E166 million; the majority provided by its foundersand angel investors since it was founded in 2014

This funding has enabled Yoti to develop proprietary technologies covering identity verification.age assurance, authentication and esignatures, including world class in-house facial ageestimation, liveness and facial recognition Al.

Yoti is one of the UK's fastest-growing tech companies, offering a range of digital identitysolutions that make it safer for people to prove who they are.

This year, Yoti also launched a new Digital lD app with Lloyds Bank and created Digital lDConnect - the UK's largest digital identity network provided by Yoti, Post Office and LloydsBank.

Robin Tombs, CEO at Yoti said, "lm delighted to announce this funding round, including E12.5million from HSBC, which follows another exciting and fast paced year for Yoti. We're growingquickly and this 20 million funding should comfortably see us through to profitability.'

John Browett, Chair at Yoti added, "lt is good to see this last piece of funding in place to seeYoti through to profit. Yoti has world leading technology that makes great improvements to trustsecurity and safety in the digital world. lt has been fabulous to work with Yoti as we have gonefrom start up to significant and increasing revenues."