SEATTLE–(BUSINESS WIRE)–Vouched, a rapidly growing developer of patent-pending artificial intelligence for end-to-end identity verification and real-time fraud detection, has been named a top ten know-your-customer (KYC) solution of 2020 by Banking CIO Outlook, a leading publication for senior-level tech buyers and decision makers in financial services. “This distinction validates Vouched’s position as a cutting-edge platform for banks, money service businesses, and fintechs no longer satisfi
Uber Raises $200 Million from LetterOne Fund
LetterOne (L1), a Luxembourg-based venture capital fund, has made a strategic investment of $200 million in ride-sharing service Uber.
Mikhail Fridman, Chairman of L1, said; “I’m excited by our strategic partnership with Uber. As entrepreneurs, with experience in retail, banking, telecoms and energy sectors, and knowledge of diverse developed and emerging markets, we believe that Uber’s highly talented management team possesses the necessary vision and skills to build the company into one of the world’s preeminent technology businesses”.