Wink provides a unified platform integrating biometric identity verification, AI-powered fraud intelligence, and payment orchestration for commerce. This stack enables frictionless customer authentication, real-time risk scoring, and dynamic payment routing across online and physical channels. The result is increased transaction conversion rates while minimizing chargebacks and technical overhead for merchants.
Funding
$8.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VIFounders
Product
Problem
E-commerce transactions often rely on passwords, SMS one-time-passcodes, and card numbers, leading to cart abandonment, increased fraud risk, and complex PCI/ISO compliance. Cumbersome checkout processes and forgotten passwords create friction for consumers and potential revenue loss for merchants.
Solution
Wink provides a biometric authentication platform that uses facial and voice recognition to streamline online payments and identity verification, eliminating the need for passwords and traditional security measures. The platform offers multi-factor authentication by combining facial recognition with digital voice printing, creating a unique, encrypted user ID. This approach simplifies the checkout process, reduces cart abandonment, and enhances security by establishing a direct encrypted connection between the shopper's device and the Wink cloud, mitigating the risk of data theft and fraud. Wink's technology is compatible with major e-commerce platforms and supports various payment methods, including cards, wallets, and BNPL options.
Target Audience
Wink's primary customers are e-commerce merchants seeking to reduce fraud, improve conversion rates, and simplify the checkout process for their customers, as well as businesses that require secure identity verification for various applications.
Features
- Multi-factor biometric authentication using facial and voice recognition
- Anonymous, one-way encryption to protect user privacy
- Compatibility with major e-commerce platforms like Shopify, Magento, and BigCommerce
- "Zero-click" checkout experience for returning users
- Full-service payment orchestration supporting cards, wallets, BNPL, and crypto
- AI-driven fraud prevention and age verification
- Device-agnostic technology that works across mobile phones, tablets, kiosks, and POS systems
- Integration with Paze to access over 150 million pre-loaded credit and debit cards