SEON raises EUR 10 mln series A from Creandum

Thursday 18 March 2021 08:44 CET | News

Fraud fighter SEON has secured EUR 10 million (representing USD 12 million) series A investment. 

The funding was led by Europe-based early-stage investor Creandum, behind some of Europe’s tech companies including Spotify, Klarna, and Kahoot, as well as further investment from CEE’s VC, PortfoLion, part of OTP Bank. 

As part of the funding round, SEON has expended its table of current shareholders with: N26 founders, SumUp founders, Tide CEO, Revolut ex-CFO, iZettle ex-chief Product Officer, Onfido cofounder, and ComplyAdvantage founder.

SEON is a fraud detection solution that draws on data from across the internet to establish customers’ digital footprints to wean out false accounts and prevent fraudulent transactions from taking place. 

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Keywords: SEON, Creandum, funding, fraud detection
Categories: Fraud & Financial Crime
Countries: Hungary
This article is part of category

Fraud & Financial Crime