Alicante’s Facephi has struck a licensing agreement with the American fintech Orokii to bring facial recognition technology into its payments platform, a move described by the companies as a strategic step to accelerate North American market expansion.
Orokii operates in the United States with a focus on peer-to-peer and business-to-business payments. The company supports fast transfers both domestically and across borders by issuing USDO fiat tokens, each backed by equivalent U.S. dollar reserves. This arrangement leverages blockchain-based signing to reduce transaction costs while maintaining traceable, auditable records for users and partners alike.
Under the new partnership, Orokii will enable biometric authentication to streamline transactions and digital identity verification. Customers will be able to register and log in through a biometric workflow, simplifying access while maintaining strong security standards.
Facephi’s software uses unique biometric patterns derived from user selfies in combination with official identification documents. Once enrolled, customers can access their accounts with a single selfie, offering a smoother and more convenient user experience while reinforcing security against identity misuse.
In this collaboration, the focus remains on reducing fraud risk and boosting user confidence within financial services. The alliance signals a broader commitment to secure, scalable identity verification in the North American market, where a mature fintech ecosystem supports rapid expansion and innovation.
The project is described as a significant milestone for Facephi, reflecting a clear ambition to grow in the United States. The United States represents a mature fintech landscape with substantial growth potential, and this market has been identified as a top priority in the company’s North American expansion strategy. Executives say the initiative will be followed by further exploration of opportunities across the region as the biometric security stack becomes more integrated with payment rails.
Alicante’s Facephi grows with facial recognition and international expansion
Facephi, based in Alicante, posted a turnover of €22.28 million last year, marking a 69 percent increase from the prior period. The company recently disclosed securing a new financing channel with a Swiss investment fund, an operation that provided liquidity to support continued growth and expansion plans. This funding is slated to accelerate Facephi’s capacity to scale its technology across multiple geographies, including Europe, the Middle East, Asia, Latin America, and North America.
The fresh capital will enable Facephi to advance its deployment momentum, especially in regions where digital identity and biometric security are becoming core components of financial services. With the funding, the company intends to deepen its presence in existing markets while pursuing new opportunities that align with a rising demand for reliable, privacy-respecting identity solutions in the payments space.