Verifi Acquired By Visa
socalTECH
JULY 1, 2019
Los Angeles-based Verifi , a developer of financial software tools used to reduce chargebacks for merchants, has been acquired by Visa , in order to boost Visa's tools for reducing chargebacks. Verifi had been led by CEO Matthew Katz, and was founded in 2005. Financial details of the acquisition were not announced.
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