GBP 30 mln raised by Featurespace to continue its growth

Thursday 14 May 2020 10:24 CET | News

Adaptive behavioural analytics software company for enterprise financial crime prevention Featurespace has raised GBP 30 million (USD 37.4 million) from a funding round.

The round was led by Merian Chrysalis Investment Company, and included further funding from a number of existing investors. The funding will be used to support Featurespace’s continued growth.

Featurespace’s machine learning models have automatically adapted to the shift in consumer, business, and criminal behaviour. The company’s focus is to deliver fraud and AML solutions to their customers and partners.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Featurespace, adaptive behavioural analytics, financial crime, crime prevention, funding round, criminal behaviour, AML, fraud, ML
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime