Anti-fraud company SEON completes $80 million Series C funding, led by Sixth Street Growth

Odaily Planet Daily News Anti-fraud company SEON announced a $80 million Series C funding round led by Sixth Street Growth, with IVP, Creandum, Firebolt and new investor Hearst participating. The new round of financing brings SEON's total financing to $187 million, including the $94 million Series B funding raised in 2022. The company's two founders have established a cryptocurrency platform that supports fiat currency transactions in Central and Eastern Europe, and SEON will also deal with the increasingly complex digital environment in related fields. Currently, SEON serves customers in different industries, including cryptocurrencies, games, financial institutions and e-commerce, including Patreon, Revolut, NuBank, Ladbrokes, as well as Air France and KLM. With the help of the new funding, they want to reach more customers to provide them with effective but budget-friendly fraud prevention programs. Techfundingnews