CLEAR / Sora ID 2023
CLEAR acquired Sora ID on October 10, 2023.
- Target
- Sora ID
- Acquirer
- CLEAR
- Announced
- October 10, 2023
- Sub-sector
- Identity / Fraud
Transaction overview
- CLEAR announced the acquisition of Sora ID on October 10, 2023.
- The deal is expected to close pending customary conditions.
Strategic rationale
CLEAR enters financial services sector with reusable KYC identity verification technology to reduce customer drop-off during onboarding.
Deal terms & multiples
Frequently asked questions
When did CLEAR announce the acquisition of Sora ID?
CLEAR announced the acquisition of Sora ID on October 10, 2023.
What sub-sector is Sora ID in?
Sora ID is tracked in the Identity / Fraud sub-sector.
Sources
- mobileidworld.com /clear-acquires-reusable-credential-specialist-enters-financial-services-market/