Truecaller Acquires TrustCheckr to Expand Fraud Protection Capabilities.
MANews-(C)2009-2023
Sweden-based contact verification company Truecaller AB has acquired the India-based Unoideo Technologies Pvt Ltd., providing fraud detection service TrustCheckr that through an SaaS platform helps businesses verify customer information and detect risk of fraud based on phone numbers and digital signals, the company said.
The acquisition has been finalised during the fourth quarter of 2023 and is financed through existing cash. It will have a minor cash flow effect and is not expected to have a material impact on the financial results in 2023.
Additional terms were not disclosed.
TrustCheckrs current offering has attracted interest from companies in...
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