# Five ID

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/five-id

- Industry: Software
- Headquarters: London, UK
- Website: www.five.id/
- Total disclosed funding: $6M
- Latest round: Seed (May 8, 2026)
- Investors on record: 1

## About

Five ID Limited, based in the UK, specializes in biometric payment solutions utilizing palm recognition technology for quick and efficient transactions, enhancing the checkout experience for users.Five ID Limited, founded in 2024, operates a biometric payment solution that allows users to complete transactions swiftly using palm recognition technology. The company is headquartered in London, UK. In May 2026, Five ID Limited raised USD 6.00 mn in SEED funding led by 13books Capital, which is also the total amount raised so far. The funding will support the expansion of its lending and non-lending business lines, as well as strengthen its embedded finance infrastructure. The founder's history is not available.Five offers a biometric payment solution that leverages palm recognition technology, facilitating transactions in just 0.3 seconds. This system streamlines payment processing and automatically collects loyalty points without needing QR codes or specific apps, primarily targeting the food and retail sectors. Their solution has been integrated into several Points of Sale (POS) systems, catering to businesses seeking to enhance customer experiences, especially in tech-savvy urban areas like London and other global metropolitan regions.Five generates revenue through transaction fees linked to its palm payment system, providing competitive rates alongside a no-cost palm transaction model. Operating under a B2B framework, the company partners with retailers and service providers, integrating its technology into existing systems for seamless adaptation. Collaborations with brands like ATIS in London augment the company's value proposition, contributing to diverse revenue streams from both transaction fees and strategic partnerships within the retail sector.In May 2026, Five ID Limited raised USD 6.00 mn in SEED funding, which will be allocated to scaling its lending marketplace, enhancing partner distribution, and improving technology and data capabilities for efficient SME financing solutions. The company aims to introduce new products that will further bolster its offerings in the biometric payment sector and plans to expand its reach into additional markets, although specific regions have not been disclosed.

## Funding rounds

- Seed, May 8, 2026, $6M — 13books Capital

## Investors

- 13books Capital (https://capitalatlas.ai/funds/13books-capital) — Seed