Mangrove Capital Partners is a venture capital and private equity firm focused on early-stage, mid venture, startups, expansion stage, growth capital investments, buyouts, and emerging growth. Its mission is to help turn visions into realities by providing financing, thoughtful advice, relevant experience, and industry relationships to its portfolio companies.   Mangrove seeks to invest in internet and software businesses with a focus on online services, marketplaces, application service providers, multimedia services, communications, wireless, infrastructure, media, network, and services. The firm is also focused on peer-to-peer computing, gaming, e-commerce, security, mobile, mobile value-added services, network management, urban mobility, SaaS-based businesses, and the automotive industry. It primarily invests in greater Europe, including Russia, Benelux, Belgium, Luxembourg, Netherlands, France, Germany, Italy, Switzerland, and Spain, and Israel. It may also invest in United States, Canada, and India.   Mangrove Capital Partners was founded in 2000 and is based in Luxembourg, Luxembourg.

Mangrove Capital Partners

QED Investors is an investment firm that supports high-growth companies and businesses. The firm typically provides a combination of both capital and capability. But common to all the firm's partnerships is a shared conviction that information plays a decisive role in the success of the company, a mutual desire for a high degree of direct engagement, and a shared enthusiasm for experimentation and learning.

QED Investors

TransUnion

Ensuring the right people access the right resources at the right time

Identity & Access Management

Prove is the modern way for businesses to enable their customers to prove their identities with just a phone. Prove offers phone-centric solutions that enable its customers to acquire new consumers and engage with their existing consumers by removing friction while bolstering security, and enhancing consumer privacy and consumer choice.Prove's solutions are used by more than 1,000 businesses across diversified industries, including banks, financial services, healthcare, insurance, and e-commerce. Prove has two main solutions + MFA: • Prove Pre-fill™ for Onboarding &amp; Digital Acquisition, which helps companies increase signups and mitigate account opening fraud by authenticating consumer identities, and auto-filling verified data in any channel. • Fonebook™ for Digital Servicing, which helps companies: - Access a single identity authentication platform that reduces complexity and total cost of ownership to create a holistic view of your customer across their entire channels - Manage, add, and update customer phone numbers to ensure you always have the right number for your customer Multi-factor Authentication: - Standard SMS &amp; Voice OTPs - Instant Link™ (authenticate through SMS link without needing OTP) - Mobile Auth™ (authentication via cellular networks; passive method for passwordless login) - Voice Biometrics – Match against a consumer’s voice for authentication - Push Authentication – App-based method to prove Possession, can also pull in behavioral biometrics, device (PKI), and environmental (Wi-Fi, Bluetooth, network) signals - Secure transactions across multiple digital servicing use cases, including login, high-risk transactions, call center, and passwordless login.

<div>
 
 Dashlane is a password manager that provides secure and convenient access to all online accounts for individuals and businesses. It uses zero-knowledge architecture and patented encryption to safeguard user data, ensuring that only the account owner can access their information. Dashlane's core offerings include password generation, auto-filling credentials, secure storage for notes and IDs, and seamless password sharing.
 
 
 The platform offers a range of robust security features, such as two-factor authentication with biometric support, dark web monitoring, and real-time phishing alerts. Additionally, Dashlane provides a built-in virtual private network (VPN) for secure browsing. This VPN uses 256-bit AES encryption and maintains a strict no-logs policy.
 
 
 Dashlane streamlines workforce access by integrating with existing security stacks and allowing for immediate, reliable account logins through auto-fill functionality and single sign-on (SSO) integration. The platform also proactively protects organizations against breaches through continuous monitoring, automatic alerts for compromised passwords, and built-in phishing resistance.
 
 
 Key customers and partnerships
 
 
 As of May 2024, Dashlane served over 23,000 companies and 19+ million users across various industries, including healthcare, finance, manufacturing, and logistics.
 
 
 Funding and financials
 
 
 In May 2019, Dashlane secured USD 110 million in a Series D funding round from Sequoia Capital for product development.
 
 
 
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Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

Truework offers an API-based infrastructure platform for banks, lenders, and background check providers to verify the income and employment details of its customers. The platform caters to several types of loans, including automotive, personal, mortgage, and student financing, using integrations with payroll platforms (such as Gusto, Zenefits, and BambooHR) to verify details. As of April 2023, the platform reportedly verified information for a network of over 35 million employees in the US.The company also offers a tool to process manual verifications, which lets users transform physical documents (such as payslips) into structured digital data. The company claims that over 80% of manual requests can be processed within 48 hours. Moreover, Truework also enables applicants to submit verified payroll data to potential lenders.The company offers its platform through a pay-per-use business model and charges its users per employment report, income report, or re-verification.Key customers and partnershipsTruework reportedly connected consumers with over 17,000 lenders, as of August 2022, and claimed to boost applicant conversion by 14% and reduce verification costs by 60% per loan. Moreover, it serviced around 12 million income and employment requests in 2022 from over 20,000 small businesses and 100 larger enterprises. As of August 2022, its customers reportedly included 20 of the top 25 lenders in the US, including Fairway Independent Mortgage, Caliber, Guaranteed Rate, and Citizens Bank.In January 2024, Truework <a href="https://sp-edge.com/updates/25496">partnered with Vault Verify</a>, an HR platform providing income and employment verification and other employment related services, to improve income verification capabilities.Funding and financialsTruework raised <a href="https://sp-edge.com/updates/19381">USD 24 million in equity funding </a>from TransUnion in June 2023, around ten months after raising USD 50 million in Series C funding in August 2022. Along with the funding, the companies deepened their partnership, and TransUnion aimed to cross-sell Truework’s product alongside its main credit offering, allowing a bank to access both credit and income data through a single API.

Using AI to automate, enhance and optimize marketing activities

Marketing Automation

UK-based ID5 provides several customer identification solutions specialized in digital advertising. Its identity cloud allows users to exchange first-party customer signals and provide insights in a privacy-compliant manner. ID5’s solutions are used by hundreds of publishers, advertisers, and AdTech platforms including sell-side and demand-side ad platforms (SSPs and DSPs), including Adasta, CPEx, Semasio, and Adform.&nbsp;As an early entrant in the “cookie-less” customer identifier space, Id5 claims to have a head start over its competitors. ID5’s customer identifier also complies with data privacy regulations such as the GDPR and CCPA and in April 2022, ID5 became the first Neutronian Quality Index (NQI)-certified identity solution.Key customers and partnershipsIn March 2021, ID5 partnered with Narrative, a data streaming platform, allowing ID5 users to access more than 55 data suppliers to enrich customer data.In <a href="https://sp-edge.com/updates/33349">September 2024,</a> the company partnered with Zeotap, a customer data platform (CDP), to enable data activation through privacy-compliant identifiers that operate independently of cookies.

ID5 was created to improve online advertising for consumers, media owners and advertisers, with the ultimate goal to help publishers grow sustainable revenue.  ID5 provides the advertising ecosystem with a transparent, scalable and privacy-compliant identity infrastructure. Its solutions improve user recognition and match rates and provide a stable, consented and encrypted user ID to replace third-party cookies and MAIDs. This enables publishers to better monetise their audiences, advertisers to run effective and measurable campaigns, and platforms to maximise the value of data and inventory for their customers.

SatSure is an innovative decision analytics company that leverages advances in satellites, machine learning, and big data analytics to help solve problems at the nexus of sustainability of food, water, and energy security.

Truework is a one-stop platform that helps banks, lenders, and others verify income and employment. It is used for employment and income verification which puts consumers in control of the data. It specializes in the fields of financial services, fintech, and developer APIs.

Bud Financial (“Bud”) enriches financial data, identifying the likes of merchant, category, location and regularity of transactions, to provide actionable insights and readable inputs for LLMs in the financial services industry. Scaling rapidly, Bud has been a trailblazer in its use of AI since 2015. The company has enabled banks and fintechs worldwide to get customer context from their transaction data so they can personalize the banking experience, proactively manage risk and optimize their business operations. With tens of billions of transactions processed, Bud’s market-leading transactional enrichment, categorization and analysis helps financial institutions to become intelligent enterprises, fully harnessing their customer data and finding new, data-driven opportunities to grow.

A leading provider of credit score solutions, SavvyMoney serves over 1,000 banks, credit unions, and fintechs across the country. Combining real-time data with digital personalization tools, SavvyMoney’s solutions integrate seamlessly with over 40 digital banking platforms. SavvyMoney’s innovative technology is backed by hands-on service and a commitment to helping financial institutions strengthen and deepen their customer relationships. To learn more about SavvyMoney, visit www.savvymoney.com.

Monevo empowers brokers, marketers and Lenders by providing an advanced global technology platform and marketplace, where users can maximise returns whilst providing the best outcome for consumers.  The most advanced global lending platform allows lenders to access 1m+ potential new customers a month and allows Affiliates and Brokers to originate customers for this marketplace. This is possible using simple integration such as, cross-device hosted application forms and web service API's.  Monevo also offers enhanced data services, giving users real-time market data and financial intelligence, allowing for enhanced decision making for Credit Providers, Third Parties and Lenders.

Spring Labs they supports industries like healthcare and media with measurements like P2P (peer-to-peer), Spring, and white-labeled hosting.

FinLocker is a financial services technology innovator, founded by a team of veterans and executives across the financial services and technology industries. It provides a personal financial assistant tool that enables loans and financial transactions. With consumer consent, FinLocker captures key borrower data and applies intelligent analytics such as loan product recommendations based on a consumer’s financial profile, asset and income verification, and more.  The company was founded in 2014 and is headquartered in St Louis, Missouri.

Prove is a smartphone-based identity verification startup that specializes in providing phone-centric and API marketplace solutions. Its phone-centric solutions enable its customers to acquire new consumers and engage with their existing consumers by removing friction while bolstering security and enhancing consumer privacy and consumer choice.

Tru Optik identity resolution powers the streaming media ecosystem. Tru Optik’s patented Household Graph™ of more than 80 million homes enables the world’s leading brands, agencies, media companies, and platforms to engage consumers across OTT, streaming audio, and gaming with unmatched scale, accuracy and privacy compliance.

Throtle is an identity company dedicated to delivering comprehensive data driven solutions. We help organizations gain a deeper understanding of their customers by providing accurate and actionable data.

PeerIQ is a New York-based financial information services company that is creating tools to analyze, access, and manage risk in the peer-to-peer lending sector. We pool detailed loan data to provide authoritative, independent analytics and benchmarks that our institutional clients use to price instruments, value loan portfolios, develop investment views, and manage risk. PeerIQ aims to strengthen the P2P sector by increasing transparency, enabling efficient risk management, and providing analytics that support better investment decision-making.

Dashlane is a leading credential manager that removes complexity by pairing comprehensive security with ease of use. We are closely attuned to the needs of our users, balancing simple tools with an uncompromising approach to security–a game changer for anyone, but especially for IT admins working to secure their organization. Our team in Paris, New York, and Lisbon is united by a strong sense of community and passion for improving the digital experience. Over 22,000 businesses and 19M users globally use Dashlane for a faster, simpler, and more secure internet.

Competix.com delivers superior automated lending solutions to lenders nationwide. The company's Internet lending solution called Credit Manager is a turn-key credit-decisioning service based on proven, state-of-the-art lending technology developed by a $1 billion international information technology firm and one of the largest banks in North America. This same technology that's used by banks, financial organizations and lending institutions throughout the country is now available as an affordable service offered to community banks as a cost-effective alternative to traditional large-scale lending software and expensive hardware systems.  Credit Manager harnesses the power of the Internet to fully automate the entire lending process from application, to credit decision, to booking in an online, real-time environment. The service supports a wide range of personal and small business loan products, including installment loans, revolving credit lines, credit cards, overdraft protection, mortgages, home equity loans and indirect lending.

Total credit protection all in one place from credit alerts, credit reports and credit scores. Get your free credit score today from TransUnion, The Source!

<div> TransUnion (NYSE: TRU) is one of the three major consumer credit reporting agencies in the US, alongside Equifax and Experian. Founded in 1968, TransUnion collects and aggregates information on more than one billion consumers and 65,000 businesses across over 30 countries worldwide. The company is headquartered in Chicago, Illinois and has over 8,000 employees. TransUnion's core business is providing credit reports and scores to lenders, creditors, and consumers. The company collects data on consumers' credit accounts, payment history, public records, and other information to generate credit reports. TransUnion uses this data to calculate credit scores, including the VantageScore 3.0 model. In addition to credit reporting, TransUnion offers identity theft protection, credit monitoring, fraud detection, and marketing services to businesses. In recent years, TransUnion has expanded its offerings beyond traditional credit reporting. The company now provides fraud and identity protection services directly to consumers through its TrueIdentity product. TransUnion has also enhanced its data analytics capabilities to provide more comprehensive risk assessment and marketing solutions to businesses across industries like financial services, insurance, and healthcare. As of 2024, TransUnion continues to be a major player in the credit reporting and risk intelligence industry, with a focus on leveraging data and technology to deliver insights to businesses and consumers. </div>

TransUnion expands Pune GCC to enhance global capabilities

Deriving insights from uncommon data streams

Alternative Data

Generated by sensors. Satellite imagery captures objects on the ground (e.g., cars in a parking lot and ships at a port), lights, pollution, and particulate matter in the air.

Generated by sensors. Collected by a variety of sensors and has many uses including agriculture and other commodities sensitive to the weather.

Generated by sensors. Data gathered from the GPS, Wi-Fi, or Bluetooth signals on mobile phones or other electronic devices, which can be used to track consumer movement such as high footfall areas, time spent at specific locations, and routes.

Generated by individuals. Includes website usage (e.g., time spent on a website, actions, and volume of queries), mobile app usage, social sentiment (based on social media posts, news, videos, and online interactions on social media), product reviews, and surveys.

Generated by individuals. E-receipts gathered from consumers on an opt-in basis provide data on user purchases and product demand. Data are anonymized and provided to corporations for targeted marketing.

Generated by businesses. Credit/debit card transaction and POS system data are structured and sought after and are used to track retail and business spending (e.g., sales volumes and prices).

Generated by businesses. Data sources used to assess consumers' creditworthiness such as income and employment information, consumer banking data, payments to specialty lenders, utilities payments, rental payments, and peer-to-peer lending records. Other data types include local prices, business banking records, commercial transactions (e.g., shipping container receipts), supply chain data, and government and corporation data.

Firms that acquire individual data streams and bundle them for sale to investors or structure/analyze the data to create data products for sale to investors.

Making banking work, without the paperwork

Neobanks

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 
 MoneyLion, a digital banking and investment provider, has collaborated with TransUnion, a credit reporting agency. The aim is to provide consumers with customized financial solutions.
 This alliance includes integrating TransUnion's data and credit services into MoneyLion's credit-decisioning platform and consumer finance experiences. This integration aims to deliver tailor-made and relevant financial offers to customers.
 
</div>

TransUnion

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