Arkose Labs raises USD 70 mln

Wednesday 12 May 2021 11:12 CET | News

Arkose Labs has announced that it has raised USD 70 million in a funding round led by SoftBank Vision Fund 2.

The company informed that the capital will go towards platform development, new hires, and global expansion.

Arkose’s platform aims to protect customers from account takeover, fake account abuse, scraping, spam, and gift card abuse. The company’s solutions analyse data from user sessions to determine the context, behaviour, and past reputation of requests and either pass traffic on to the enterprise or gatekeep it. Depending on the risk score, users are presented with challenges that attempt to differentiate between true users and fraudsters.

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Keywords: Arkose Labs, behavioural biometrics, fraud prevention
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce