Jumio acquires 4Stop

Sophie Deistler Sophie Deistler | 08.12.2021

The German start-up is now making common cause with its new owner in identity verification and fraud prevention.

The Californian company Jumio has acquired the German start-up 4Stop. The two had been working together for some time as part of a strategic partnership. How much the acquisition cost is not known.

"We are very excited about the opportunity to work with Jumio to develop and perfect crucial next-generation identity and fraud prevention solutions," said 4Stop CEO Ingo Ernst. The start-up's database will now be merged with Jumio's KYX platform. Organizations will then be able to handle the entire identification process for their customers via one platform.

Ingo Ernst, Alvaro Kurth, Nolan Bolusan and Daniel Alvarado founded 4Stop in 2016. The start-up has developed a platform that determines risk scores for companies' customers based on data and identity verification. This is to prevent fraud. The data comes from more than 650 sources and 195 countries.


Like it? Please spread the word:


Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Startup 2012 Köln 4Stop Global know-your-customer, compliance and anti-fraud risk management company with anti-fraud technology allowing for real-time intelligence and data aggregation.

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts