Checkr, an API-based background check provider last valued at $5b, is acquiring income and employment verification startup Truework. The deal marks the latest consolidation among fintech infrastructure providers, as maturing startups are folded into scaled platforms. Checkr CEO Daniel Yanisse says the company will continue to be an active acquirer, particularly as valuations have come down and more founders are open to talks.
"The path to liquidity and IPOs is long, and the bar is extremely high. So I think many founders realize that the way to do it will be to join forces, either with other fintechs or larger companies," Yanisse says.
https://www.axios.com/pro/fintech-deals/2025/04/17/checkr-employment-verification-truework
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