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failure to prevent fraud

  • Fraud prevention firm SEON raises $80m amid growing compliance demands

    Tech

    SEON, an AI-driven fraud prevention and compliance platform, has closed an $80m (£58.7m) Series C funding round led by Sixth Street Growth, bringing total investment to $187m. The company, based in Budapest and Austin, analyses tens of millions of customer interactions daily for clients including Revolut, Plaid, Spotify, Afterpay, and Entain. Its platform, delivered via [...]

    Over £600m was stolen by fraudsters in the first half of 2025

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