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New Deal


Announced

Completed

SoftBank and General Atlantic led a $220m Series B funding round in Incode Technologies.

Financials

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Transaction Value£166m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Venture Capital

Private

Online and Social Platforms

Private Equity

artificial intelligence

Minority

Friendly

Acquisition

Single Bidder

Completed

United States

digital identity

Synopsis

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SoftBank and General Atlantic led a $220m Series B funding round in Incode Technologies, an artificial intelligence solutions firm, with participation from JP Morgan, Capital One and Coinbase. “Our ‘One Identity Everywhere’ vision is transforming the way humans experience their identity journeys with companies. We have created an experience that is so seamless and frictionless, it brings that ‘Wow’ moment to the end customer when onboarding to a new bank, checking into a hotel or being admitted to a hospital. By reinventing these experiences, we are building trust and creating delight between enterprises and their customers” Ricardo Amper, Incode Technologies Founder and CEO.

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