FinTech Magazine - February 2022 | Page 146

Trulioo
Clip

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Trulioo

Valuation : $ 1.8bn Latest funding round : $ 394mn
Founded in 2011 , Trulioo is a Canadian fintech security company that provides access to hundreds of procured and vetted data sources globally through a streamlined API . The company offers robust security and privacy standards combined with the latest solutions in AI , biometrics , and cloud computing . Trulioo ’ s international platform has access to information on more than five billion people and 250 million companies . With security and biometric data playing an increasingly important role within commerce , Trulioo ’ s swiftly scaling success doesn ’ t look set to slow down any time soon .

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Clip

Valuation : $ 2bn Latest funding round : $ 250mn
The Mexican payments startup Clip launched in 2012 and is another scaling fintech that Softbank has backed . Based in Mexico City , Clip is busy revolutionising the card acceptance space in the Latin American country . It was founded by financial technology and business heavyweights Adolfo Babatz and Vilash Poovala . The company offers different models of portable card-reading hardware to accept all credit and debit cards as well as other solutions . More than a device to accept all cards , Clip is an ally focused on empowering Mexican businesses .