9 years ago

Featurespace Secures £6.2 Million to Combat Fraud in Financial Services

  • Featurespace, a UK-based adaptive behavioural analytics company, has raised £6.2 million in funding

  • The investment was led by TTV Capital, with participation from Imperial Innovations Group plc, Nesta, and members of the Cambridge Angels group

  • The company will use the funds to expand its operations in the UK and US and continue to grow its presence in financial services

  • Featurespace's platform uses machine learning to detect and prevent fraud in real-time.

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