Rapidly Growing Startup SEON Raises $94M

SEON, a startup combating fraud and cybercrime, secured $94 million in Series B funding led by IVP, with existing investors Creandum and PortfoLion participating. This investment will be used to expand SEON's presence globally and become a market leader in online fraud prevention. Founded by two students, SEON addresses the growing threat of online fraud, offering flexible and accessible solutions that utilize machine learning and artificial intelligence to provide real-time protection. The company boasts a client base including Patreon, Revolut, NuBank, Ladbrokes, and airlines such as AirFrance and KLM. The funding aims to expand SEON's reach and provide budget-friendly fraud prevention solutions to businesses of all sizes.

SEON Raises $94 Million to Combat Online Fraud and Expand Globally

SEON is a rapidly growing startup that fights against fraud and cybercrime. Founded by two students from Corvinus University of Budapest, Tamas Kadar and Bence Jendruszak, SEON provides a flexible and accessible fraud prevention solution that uses machine learning and artificial intelligence to work in real-time. They cater to clients from different sectors, from crypto or gaming to financial institutions and eCommerce businesses, with their client list including Patreon, Revolut, NuBank, Ladbrokes, and airlines such as AirFrance and KLM. SEON has offices in London, Budapest, Jakarta, and Austin.

SEON is a fraud prevention company that provides a flexible and accessible solution using machine learning and artificial intelligence to work in real-time, serving clients across various sectors.

3 years ago

SEON Raises $94 Million to Combat Online Fraud and Expand Globally

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