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March 21, 2016 04:57 pm GMT
Jumio, theAndreessen Horowitz-funded mobile and online credentials authentication business, whose technology can scan and read information from payment cards and IDs, says that itsU.S. business has begunvoluntary Chapter 11 proceedings in the U.S. Bankruptcy Court, which will allow it to sell its assets. The company is selling its business to early backer and Facebook… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WLmtJozJUJM/
Identity verification startup Jumio files for bankruptcy, will sell assets to early backer Eduardo Saverin
Jumio, theAndreessen Horowitz-funded mobile and online credentials authentication business, whose technology can scan and read information from payment cards and IDs, says that itsU.S. business has begunvoluntary Chapter 11 proceedings in the U.S. Bankruptcy Court, which will allow it to sell its assets. The company is selling its business to early backer and Facebook… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/WLmtJozJUJM/
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