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CardLab gets $10M financing offer to support advance of biometric smart cards
Sept. 19, 2023, 10:05 p.m. | Bianca Gonzalez
Biometric Update www.biometricupdate.com
US Capital Global Securities LLC has announced it has provided Danish biometric card provider CardLab with financial advisory services, resulting in a $10 million convertible note financing offer.
With over 200 patents globally, CardLab provides ISO 7810 compliant fingerprint biometric cards that can be used for banking, access, memberships, healthcare, IDs, loyalty, and gift certificates. ID, finance, and access cards contain additional security features, while loyalty and gift cards will require less security, the company notes.
The biometric card can …
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