A Manchester-headquartered ID verification company has been acquired by a Los Angeles-based counterpart.
Acuant, an identity verification, document authentication and fraud prevention technology services provider, has completed the acquisition of Hello Soda for an undisclosed sum.
Hello Soda, which also has offices in Austin, Texas, and Bangkok, is a global provider of identity verification and KYC solutions with a focus on the European and Asian markets.
The company has "deep expertise" in eMoney and gaming while its customers include VirginBet, Klarna and Paysafe.
Yossi Zekri, president and chief executive of Acuant, said: "Our goal has always been to power trust for all, a vision we share with Hello Soda whom we are excited to welcome to the Acuant family.
"This is truly the most exhilarating time in our company’s history, coinciding with the disruption of traditional financial markets, the rapid digitalisation of the world and the need for business and governments to help safeguard identity more than ever before.
"Adding Hello Soda to our Trusted Identity Platform will reach more people today and position us even stronger for the future of digital identity."
James Blake, founder and chief executive of Hello Soda, added: "We could not be happier to join Acuant, bringing our talent, technology, network and expertise to strengthen all we have accomplished and to take our mutual vision further as a team.
"Our combined technology will serve us well in our joint mission to democratise trust and provide solutions to reach every sector of the global population, allowing every individual to conduct trusted transactions when and where they wish."
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