BioCatch, the innovative fraud detection startup using behavioral biometrics intelligence, announced that growth equity firm Permira has acquired a sizable minority stake from BioCatch’s current investors, making it the third-largest shareholder after Bain Capital and Maverick Ventures. As a result of the new investment, BioCatch will re-focus on global expansion, product innovation, and potential M&A.
BioCatch, the Leading Online Fraud Detection Platform, Welcomes Permira Growth Opportunities as a Significant Shareholder