Finance Breaking news Digital ID firm Socure raises $100m last financial news

Breaking-Finance.Com - Machine learning-based digital identity verification firm Socure has joined the unicorn club off the back of a $100 million Series D funding round led by Accel and joined by the investment arms of Citi and Wells Fargo.

Finance Breaking news Digital ID firm Socure raises $100m last financial news

Breaking-Finance.Com - Machine learning-based digital identity verification firm Socure has joined the unicorn club off the back of a $100 million Series D funding round led by Accel and joined by the investment arms of Citi and Wells Fargo.

Finance Breaking news Digital ID firm Socure raises $100m last financial news
17 March 2021 - 00:45

Breaking-Finance.Com - Machine learning-based digital identity verification firm Socure has joined the unicorn club off the back of a $100 million Series D funding round led by Accel and joined by the investment arms of Citi and Wells Fargo. Commerce Ventures, Scale Venture Partners, Flint Capital, Synchrony, Sorenson and Two Sigma Ventures all joined the round, which brings Socure's total funding to $196 million.Socure's predictive analytics platform applies AI and machine-learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity and the broader internet to verify identities in real-time.

. Already a leader in the financial services sector, the company says it will use the new funding to push into other areas, including online gaming, healthcare, telco, e-commerce, and on-demand services.Johnny Ayers, CEO, Socure, says: “We are now more confident than ever that we will be the first company to eliminate identity fraud while unlocking complete and fully-automated coverage of every good ID.”

Source = Breaking-Finance.Com

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Finance Breaking news Digital ID firm Socure raises $100m last financial news


Finance Breaking news Digital ID firm Socure raises $100m last financial news


Finance Breaking news Digital ID firm Socure raises $100m last financial news


Finance Breaking news Digital ID firm Socure raises $100m last financial news

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