by Alistair Hardaker
US identity platform Acuant has acquired Manchester-headquartered counterpart Hello Soda for an undisclosed sum.
Based in Los Angeles, Acuant offers a platform for identity verification, regulatory compliance and digital identity solutions. The move is part of the company’s technology acquisition strategy.
Hello Soda, which also has offices in offices in Texas and Bangkok, boasts clients including VirginBet, Klarna and Paysafe and operates in over 180 countries.
Its technology uses analytics, algorithms and data science modelling to enable businesses to verify customer identities and reduce identity theft and fraud.
Acuant will combine its platform with Hello Soda’s technology, in a move it said “will bring together powerful technology and data science capabilities that are key to unlocking trust in digital identities.”