Vesta raises USD 125 mln from Goldfinch Partners

Thursday 28 May 2020 08:23 CET | News

Fintech pioneer in fraud protection and fully guaranteed payment technologies company Vesta has secured USD 125 million in new growth capital from private equity firm Goldfinch Partners

The funding will provide Vesta with the resources to invest in growth and continue the global deployment of its fraud protection and ecommerce payment solutions. Vesta enables ecommerce companies to grow their businesses by focusing on revenue rather than risk, with its zero-risk and zero-liability payment guarantee. Its real-time decisioning platform is built on data science and machine learning, and analyses customers’ online payment transactions to assess the risk of fraud. 

Vesta provides its service to partners in the telecommunications and ecommerce industries and allows merchants to seamlessly integrate through shopping cart plug-ins, including Magento, Shopify, Salesforce, WooCommerce, BigCommerce, and SAP Commerce Cloud.

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Keywords: Vesta, investment, Goldfinch Partners, fintech, fraud protection, ecommerce, payments , risks, data science, machine learning, online payments, transactions , fraud, merchants
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime