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Alloy Fundraises Through Challenging Climate to Hit $1.55B Valuation

Alloy, a banking fintech aimed at identity security and risk management, raised $52 million to boost its valuation to $1.55 billion. So reports TechCrunch.

Alloy, which assists its clients by pulling customer data, “traditional” credit data and data from other alternative sources through a “single point of integration,” was able to raise the funds despite a particularly challenging fundraising climate. Further, the company recently announced a global expansion, putting its services in 40 countries across North America, Latin America, EMEA and APAC.

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