ID FinTech Trulioo raises $52.8mn

Trulioo, a Vancouver based startup, has raised $52.8mn in its latest funding round.

In Brief:

• The Series C round included Goldman Sachs, Citi Ventures, American Express and Santander InnoVentures.

• The business provides electronic identity and address verification.

• It has now raised a total of $96.6mn to date.

What does this mean?

The funding will help the startup scale its operation as it looks to add new people to its offices in Canada, the US and Ireland.

Read more here.