Identity verification startup Jumio files for bankruptcy, will sell assets to early backer Eduardo Saverin

 Jumio, the Andreessen Horowitz-funded mobile and online credentials authentication business, whose technology can scan and read information from payment cards and IDs, says that its U.S. business has begun voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court, which will allow it to sell its assets. The company is selling its business to early backer and Facebook… Read More

http://ift.tt/1pvFWGs Identity verification startup Jumio files for bankruptcy, will sell assets to early backer Eduardo Saverin http://ift.tt/1RvfHwz