Feedzai
Financials
Estimates*
EUR | 2017 |
---|---|
Revenues | 12.1m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$17.5m | Series B | ||
N/A | Late VC | ||
* | $50.0m | Series C | |
$200m Valuation: $1.0b | Series D | ||
N/A Valuation: $1.0b | Late VC | ||
Total Funding | €251m |
Related Content
Recent News about Feedzai
EditFeedzai is a cutting-edge technology company that specializes in protecting financial institutions, merchants, and payment processors from financial crime. The company operates in the financial technology (fintech) market, focusing on risk management and anti-money laundering (AML) solutions. Feedzai's primary clients include some of the largest banks, retail merchants, and payment processors globally.
The core of Feedzai's business is its advanced machine learning platform, which can analyze and score transactions in less than 3 milliseconds. This rapid evaluation helps detect and prevent fraudulent activities in real-time, ensuring that legitimate transactions are processed smoothly while minimizing false positives. By doing so, Feedzai enhances customer satisfaction and maximizes revenue for its clients.
Feedzai's platform is designed to handle various types of payment transactions, whether they are online or offline, card-based or mobile. The company takes a holistic approach by examining payment transactions at an ecosystem level, which allows it to identify and mitigate risks more effectively than traditional methods.
The business model of Feedzai revolves around providing its machine learning platform as a service to its clients. The company generates revenue through subscription fees and service contracts, offering its technology to banks, acquirers, merchants, and other players in the commerce value chain. By leveraging big data and machine learning, Feedzai delivers a comprehensive risk management solution that helps its clients stay compliant with regulatory requirements and protect against financial crime.
In summary, Feedzai is a fintech company that uses advanced machine learning to provide real-time fraud detection and risk management solutions for financial institutions and merchants. Its innovative platform helps clients reduce fraud, minimize false positives, and ensure compliance, ultimately enhancing customer satisfaction and revenue.
Keywords: fintech, machine learning, fraud detection, risk management, AML, real-time payments, financial crime, big data, compliance, transaction scoring.