Parallel Markets Acquires Passbase: Accelerating A New Era Of Portable, Reusable Identity
Acquiring Company
Parallel Markets
Acquired Company
Passbase, Inc.
New YorkNew YorkOtherFinancial ServicesSoftwarePaymentsPrivacy And SecuritySoftwareMedia And EntertainmentDescription
Parallel Markets, the pioneer in reusable identity, announced today that it has acquired specific assets of Passbase, a digital identity verification company.
Quick answer
Parallel Markets is acquiring Passbase, Inc., announced March 28, 2023. Parallel Markets is based in New York, United States.
- Who acquired Passbase, Inc?
- Parallel Markets agreed to acquire Passbase, Inc. on March 28, 2023.
- How much did Parallel Markets pay for Passbase, Inc?
- The deal value was not disclosed.
- What does Parallel Markets do?
- This new funding will enable Parallel Markets to:Bring about a new paradigm of robust and seamless financial compliance by making identity fully portable for use in both traditional financial institutions as well as for..
- Where are Parallel Markets and Passbase, Inc. based?
- Parallel Markets is based in New York, United States. Passbase, Inc. is based in New York, United States.
- Who are the decision-makers at Parallel Markets?
- Fundz holds 1 contact at Parallel Markets. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Passbase, Inc.?
Passbase, Inc. was acquired by Parallel Markets, based in New York. The deal was reported on March 28, 2023. Parallel Markets is privately held and operates in Other.
When did Parallel Markets acquire Passbase, Inc.?
Parallel Markets's acquisition of Passbase, Inc. was reported on March 28, 2023. Parallel Markets, the pioneer in reusable identity, announced today that it has acquired specific assets of Passbase, a digital identity verification company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Passbase, Inc. do?
Passbase provides identity verification infrastructure that helps companies solve their KYC needs in a compliant, privacy-oriented and user-centric way. It is privately held, operating in Software, and is based in New York.
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