In March 2016, Jumio announced a sale of the company to Eduardo Saverin and that (c) ertain legacy issues combined with related government investigations and proceedings have made it difficult for Jumio to secure necessary funding for its operations.
In March 2016, Jumio announced a sale of the company to Eduardo Saverin for $3.7 million. The company had raised a total of $36.7 million and cited that (c) ertain legacy issues combined with related government investigations and proceedings have made it difficult for Jumio to secure necessary funding for its operations.