Socure, the identity verification service that raised a massive $450 million Series E round at a $4.5 billion valuation during the heady fundraising days of late 2021 (and $100 million earlier in 2021), today announced that it has acquired identity verification service Berbix for $70 million in cash and stock transactions. Berbix previously raised a…
Its equity, growth and existing relationships with banks and financial institutions, gave Socure firm footing to kick off credit facility discussions. Why this unicorn chose to take a credit facility by Christine Hall originally published on TechCrunch
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