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The
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air jordan ludes a strategic partnership to help Youverify streamline AML compliance for businesses, bolster global risk intelligence, and expand its products into new markets.Since 2022, Youverify has expanded its real-time business verification coverage to 145 jurisdictions across 48 countries. Additionally, the platform offers coverage for real-time individual verification, including credit history and national identity numbers, in 46 countries, according to founder and CEO Gbenga Odegbami, who launched the startup in 2018. The chief executive mentioned on a call with TechCrunch that Youverify exceeded its initial objective set during its seed extension round in 2022, which was to expand coverage across 30 African countries.Despite this, the company currently serves commercial customers in only 12 countries. Across these countries, Youverify processes 4 million monthly applications for over 3,500 b
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According to a Form D filing, submitted yesterday with the US
new balance 990 Securities and Exchange Commission, Mosaic Ventures is aiming to raise $150M for the second fund.The filing also states that Mosaic intends to incorporate the fund in the Cayman Islands a popular location for investment funds.Although, given political upheaval and business uncertainty in the UK on account of Brexit, you do have to wonder whether the decision t
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skecher love orate the fund in a British Overseas Territory isn ;t at least partly related to the ongoing domestic fog.We reached out to Mosaic Ventures about its intentions for the second fund but at the time of writing the firm had not responded.Mosaic was co-founded in 2014 by veteran investors Simon Levene, Mike Chalfen and Toby Coppel.The firm focuses at the Series A end of early stage startup investment, and counts the likes of Clue, InfoSum and Blockstream in its current portfolio.In a bit of a twist this聽March, Chalfen announced he was leaving to focus o