Trustev secures USD 500K to capitalise on e-commerce

MM

Melisande Mual

18 Dec 2013 / 5 Min Read

The company has revealed plans to use the capital to fund its expansion across the US as well as invest in the development of its anti-fraud and payment-protection solutions for e-commerce. Trustev’s passive authentication technologies work in the background, confirming and securing the transaction, while its active authentication technologies work to confirm the user’s identity before the purchase is complete.

The company has revealed plans to use the capital to fund its expansion across the US as well as invest in the development of its anti-fraud and payment-protection solutions for e-commerce. Trustev’s passive authentication technologies work in the background, confirming and securing the transaction, while its active authentication technologies work to confirm the user’s identity before the purchase is complete.

In recent news, Trustev, an Irish provider of ‘social fingerprinting’ technology, has secured USD 3 million in a new funding round led by US venture capital fund Greycroft Partners, Mangrove Capital Partners, ACT Venture Capital, Telefónica’s Wayra and Enterprise Ireland.

Countries:
MM

Melisande Mual

18 Dec 2013 / 5 Min Read

sign up banner
the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright