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Stock impact report

Trulioo Information Services raises $70-million from global banking giants [Toronto Globe and Mail (Ontario, Canada)]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Trulioo Information Services raises $70-million from global banking giants A Vancouver company that helps corporations verify the identities of customers over the internet has raised $7-million from some of the world’s largest financial institutions. Trulioo Information Services Inc. said Tuesday that Goldman Sachs Group led a $6-million financing backed by Citigroup Inc., Spain’s Banco Santander SA and past investor American Express Co. Trulioo also said early backers Blumberg Capital and Business Development Bank of Canada (BDC) provided $1-million in a separate funding this year. Story continues below advertisement The company, with 13 employees and roughly $3-million in annual revenue, has more than 5 customers globally, including payments processors, online marketplaces and some investors, notably Amex. They use Trulioo’s GlobalGateway platform to access 4-plus data sources online including credit bureaus, government agencies and phone companies, and confirm the identities of mil Show less Read more
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