Source: Fintech Global
Bureau, an identity decisioning platform designed for fraud prevention and compliance management, has bagged an additional $4.5m.
The San Francisco-based company announced that it has raised the funding courtesy of GMO VenturePartners, GMO Payment Gateway, and its existing backers. This latest capital influx marks the completion of Bureau’s Series A funding round, taking the total to $16.5m. Overall, the start-up has accrued an impressive total of $20.5m in funding to date.
Bureau, founded by Ranjan Reddy in 2020, operates as an identity decisioning platform aimed at combating fraud and simplifying compliance. The platform is utilised by businesses across a range of sectors, including banking, FinTech, insurance, the gig economy, and real money gaming. Bureau’s platform orchestrates and manages risk, ensuring a smooth and secure customer journey. Remarkably, the company’s revenues have grown six-fold in the last year, with over 300m identities verified through its platform…
Read full article: https://fintech.global/2023/07/18/fraud-prevention-platform-bureau-closes-series-a-with-extra-4-5m-boost/
