Feedzai, a Portugal-based FinTech specializing in AI-powered financial crime prevention, has raised $75 million in a new funding round, increasing its valuation to over $2 billion. This latest investment round saw participation from new investors Lince Capital, Iberis Capital, and Explorer Investments, alongside existing backers Oxy Capital and Buenavista Equity Partners.
The company develops AI-native tools designed to assist financial institutions in detecting and preventing fraud, scams, and money laundering.
Recent developments at Feedzai include the introduction of Feedzai Orchestration and Feedzai IQ, which are designed to enable clients to make faster and more precise risk decisions. The company also launched its TRUST Framework, aimed at ensuring fairness and transparency in the development and application of artificial intelligence.
Feedzai’s technology currently safeguards more than $70 billion in annual payment volume and is credited with preventing over $2 billion in potential financial losses each year.
Nuno Sebastião, CEO and co-founder of Feedzai, stated that “Fraud isn’t just numbers on a balance sheet. It’s families losing their life savings and businesses losing customers. Protecting people and organizations from financial crime is why we built Feedzai. It’s our steadfast mission to keep commerce safe.” He added that “This new investment round enables us to continue driving innovation to defend against whatever comes next, so that every form of payment, even those yet to be imagined, can be trusted and adopted safely.”
Vasco Pereira Coutinho, CEO of Lince Capital, commented on the company’s performance, saying, “Feedzai’s ability to execute across multiple product lines while scaling globally places them in the elite tier of software companies. Financial fraud is one of the defining risks of our time, and Feedzai combines proven technology with deep expertise to protect both banks and their customers. With its AI-driven, end-to-end approach to risk operations, Feedzai is uniquely positioned to transform the industry.”
