News

February 7, 2024

UK fintech Onfido in talks to be acquired — with first backer set to make 320x return

The value of the proposed acquisition is undisclosed — but all of Onfido's backers are set to make a profit on their investment, says the company

London-based customer identity verification scaleup Onfido has entered into talks to be acquired by US payments company Entrust. 

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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