Cignifi Lands $1.5M Philanthropic Investment from Omidyar

Omidyar Network, a philanthropic investment firm, has led a $1.5 million Series A round for Cignifi. The Cambridge, Mass.-based company utilizes mobile phone behavior data to allow “banks, insurers and retailers to qualify and contact millions of underserved consumers who lack traditional credit histories, unlocking a massive opportunity to serve these customers at scale.”