News & Insights
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BioCatch, which develops software to identify and prevent bank fraud and money laundering, became a unicorn the day before the war broke out.
The company has completed a secondary deal of approximately $70 million with the Sapphire Fund at a value of more than $1 billion. This is the second major secondary transaction in the company from the beginning of 2023 after last May the investment fund Permira became the third largest shareholder after purchasing a package worth 40 million dollars from existing shareholders.