FinTechFunding

Socure: Secures $95M Credit Facility

Socure Secures $95M Credit Facility

  • Socure, an Incline Village, NV-based provider of digital identity verification and fraud solutions, raised $95M in credit facility
  • The financing was provided by J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets
  • The company intends to use the funds to further strengthen its financial position
  • The company is a platform for digital identity verification and trust
  • The company has more than 1,500 customers across the financial services, government, gaming, healthcare, telecom, and e-commerce industries
  • Customers include Chime, SoFi, Robinhood, Gusto, Public, Poshmark, Stash, DraftKings, State of California, and Florida’s Homeowner Assistance Fund
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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