News

Ravelin raises over GBP 1.3 mln in funding

Tuesday 29 September 2015 14:32 CET | News

Fraud detection and prevention platform Ravelin has raised over GBP 1.3 million in funding to to protect online businesses from the threat of fraud.

UK technology VCs Amadeus Capital Partners, Playfair Capital and Passion Capital invested from the institutional side. They were joined by angel investors Errol Damelin (Wonga founder), Paul Forster (Indeed.com founder), Gigi Levy (ex-CEO of 888 Holdings and investor in Kenshoo) and Jeremy Millar (Partner at Magister Advisors). The round follows on from Passion’s initial seed round in February 2015.

Ravelin provides fraud detection for the on-demand economy. The company analyses customer behaviour and transactions using powerful proprietary data science and machine learning technologies, and works closely with merchants to provide fraud detection scores.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: fraud prevention, web fraud, digital identity, online security, risk management, cybercrime, cyber security, Ravelin
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events