Fraud Prevention Firm SEON Raises $80m Amid Growing Compliance Demands

Budapest-founded SEON Secures Over €67M Series C

Hungarian-founded SEON, a command center for fraud prevention and AML compliance, announced they had closed […] The post Budapest-founded SEON Secures Over €67M Series C appeared first on TheRecursive.com.

Fraud prevention firm SEON secures $80m Series C

SEON, a FinTech company specialising in fraud prevention and AML compliance, has secured fresh funding to support its next phase of growth. The firm, which positions itself as a “command centre” for fraud prevention, works with leading digital brands worldwide. The company announced it has raised $80m in a Series C round led by Sixth Street Growth, with participation from existing investors IVP, Creandum and Firebolt. New backers also included H…

Seon Secures $80M to Combat Digital Fraud and AML

Seon, a fraud prevention and AML compliance specialist, has secured a substantial $80 million in a series C funding round, led by Sixth Street Growth. This significant investment underscores the growing importance of advanced fraud detection and anti-money laundering (AML) solutions in the digital commerce landscape. The round also saw participation from notable investors including IVP, Creandum… Source

SEON closes $80m Series C led by Sixth Street Growth to scale command centre - Security On Screen by The Security Industry Group

SEON has announced the close of its $80 million Series C round of funding, which was led by Sixth Street Growth with participation from existing investors IVP, Creandum and Firebolt and new investors including Hearst. This round brings SEON’s total funding to $187m and accelerates already rapid adoption in North America alongside further global expansion. SEON will […]

Fraud Prevention Company SEON Raises $80 Million In Series C Funding - Cybernoz - Cybersecurity News

Fraud prevention and AML compliance firm SEON today announced raising $80 million in Series C funding, which brings the total raised by the company to $187 million. The new investment round was led by Sixth Street Growth, with additional support from Hearst and previous investors Creandum, Firebolt, and IVP. Founded in 2017, SEON leverages AI to analyze tens of millions of customer interactions each day and detect and block fraud attempts in rea…

Fraud prevention firm SEON raises $80M to scale AI-driven compliance platform - SiliconANGLE

Fraud prevention and anti-money-laundering compliance company SEON Technologies Kft. announced today that it has raised $80 million in new funding to scale its platform, fuel global expansion and enhance its real-time detection capabilities. SEON was founded in 2017 by Tamas Kadar and Bence Jendruszák after the pair had struggled with preventing fraud and money laundering […] The post Fraud prevention firm SEON raises $80M to scale AI-driven com…