Socure has added $13 million from a funding round led by Flint Capital; Socure provides software as a service solutions that increase customer acceptance and reduce uncaught fraud; according to Flint Capital Partner Sergey Gribov, "The company supplements market deficiencies in which current identity verification solutions fall short, including millennials, who largely avoid the use of credit, or abroad, where credit systems don't exist at all." Source
First-party fraud is rife, costing over $100 billion a year. Many say they're accidental, but data sharing could stop repeat offenders.
BBVA Compass’ Alex Carriles on the impact of choosing the right data aggregation provider Socure Raises $30M in Series C...