Mercia invests £2m in fraud screening firm
Investment firm Mercia Technologies has made a £2m investment in a data company which provides a range of products that allow businesses to run background checks on their customers.
Mercia’s investment in the Newport-based firm is part of a £3m funding round alongside the Development Bank of Wales.
Mercia now has a direct equity holding of 17.4% in W2 and the investment follows on from initial funding rounds by Mercia's third-party managed funds.
W2’s software-as-a-service tools provide real-time identity verification ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...