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Prelude, a new French startup focusing on SMS verification, has secured funding from Singular and Seedcamp. The founders, who previously worked at Zenly, are determined to streamline SMS onboarding processes.
Challenges of SMS Verification
Implementing reliable SMS verification codes can be a tedious and costly task for companies. Telecom providers charge for text messages, making SMS verification a significant expense, especially for large user bases.
Improving Verification Processes
Prelude aims to optimize phone number verification by finding the most efficient route for each user. By preventing delays and failures in receiving verification codes, companies can enhance conversion rates and reduce costs.
Fighting Fraud and Supporting Various Messaging Platforms
In addition to improving verification efficiency, Prelude addresses fraud by identifying fake users and fake numbers. The startup charges customers based on verifications rather than the number of text messages, and it supports multiple messaging services beyond SMS.
Prelude’s innovative approach has already attracted popular consumer apps and companies in the fintech and crypto industries. With $8 million in funding and 100 million verified user accounts, Prelude is making strides in revolutionizing SMS verification.
