Announced

Completed

Socure completed the acquisition of Berbix for $70m.

Synopsis

Socure, a provider of digital identity verification solutions, completed the acquisition of Berbix, a startup that developed a high-accuracy document verification solution, for $70m. “There’s a perception among users that all document verification solutions perform the same, but after testing several offerings in the market, we found this to be categorically false. In fact, we found endless examples of other vendors in the market providing inaccurate stats that just couldn’t be validated. I don’t blame users for their lack of faith here,” Johnny Ayers, Socure Founder and CEO.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US