Windows Hello came as a technology to replace password based authentication with biometrics and PIN. Even though initially Microsoft said that this satisfies the multi factor authentication requirements, it was doubtful. They initially stated that PIN or biometrics is local to the specific device. So as per Microsoft, 1st authentication factor is the device, 2nd authentication factor is PIN or fingerprint or facial recognition. And there was no capability to use both PIN and fingerprint or PIN and facial recognition.
Now, with Windows 10 Fall Creators Update (version 1709) it is possible to do above.