Exiger buys Canadian regtech startup OutsideIQ for $30 mln: Reuters
Exiger, a firm that helps businesses monitor compliances such as money laundering regulations, has agreed to buy OutsideIQ, a Canadian startup that specializes in technology that helps businesses assess and manage risk. The deal, reported earlier by Reuters, is for $30 million, according to a source. Toronto-based OutsideIQ uses cognitive computing processes to automate and analyze a portion of time-consuming, error-prone data research. It raised financing from Canadian venture debt firm Espresso Capital and angel investors.
27 April 2017•2 mins read
