SRAX Inc. (NASDAQ: SRAX) Accelerates Growth of User-Driven Big Data Marketplace Through New Financing Agreement

March 18, 2020 10:39:48
  • SRAX enters into $5M secured term loan with B. Riley Financial Inc. affiliate
  • Company’s BIGtoken platform allows users to own, earn from their data in addition to generating quality data sets that can be sold to marketers
  • BIGtoken launches into several international markets including India, Mexico and Europe

SRAX Inc. (NASDAQ: SRAX), a marketing and consumer data management technology company, is positioned to accelerate the growth of its BIGtoken consumer-driven data marketplace after entering into a secured term loan with an affiliate of B. Riley Financial Inc., a diversified financial services company. Details of the transaction can be found in the company’s current report on Form 8-K, filed recently with the SEC (http://nnw.fm/4mNhq).

BIGtoken is a unique offering in the digital marketing space that offers solutions for consumers who are increasingly becoming aware of the value of their data. The platform allows users to own and earn from their data, providing everyone in the ecosystem with choice, clarity and reimbursement, in addition to generating reliable data sets that…

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