

Fraud and financial crime prevention platform company Feedzai Inc. revealed today that it has raised $75 million in new funding on a valuation of more than $2 billion.
The company also said it has signed a framework agreement with the European Central Bank to provide the central fraud detection and prevention mechanism for the digital euro.
Founded in 2011, Feedzai offers an artificial intelligence-native platform for financial crime prevention that combines machine learning, big data and real-time analytics to monitor and score transactions, user behavior and identity signals across a financial institution’s services.
Feedzai’s platform ingests data from various sources such as transaction logs, behavioral analytics, device metadata and third-party feeds and then processes them in milliseconds to identify anomalous patterns that may signal fraud, money laundering or other illicit activity. The platform then assigns risk or fraud scores, advises decisions — approve, reject or challenge — and helps automate orchestration of investigations and responses.
The company’s platform supports integration with banks’ internal systems and external application programming interfaces to centralize multiple risk, compliance and fraud tools under a unified framework.
Feedzai service also covers the full lifecycle of financial crime risk, from account opening and identity checks through transaction monitoring and alerting to anti-money-laundering compliance and case management.
The new funding comes as Feedzai has seen rapid growth, doubling outcomes to more than $2 billion in losses prevented and more than 20 million in analyst-hours saved. The company says it protects more than 1 billion customers worldwide, processes 70 billion events per year and secures $8 trillion in payments annually.
The new funding came from Lince Capital, Iberis Capital and Explorer Investments and previous investors Oxy Capital and Buenavista Equity Partners.
“Protecting people and organizations from financial crime is why we built Feedzai,” said co-founder and Chief Executive Nuno Sebastião. “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.”
Alongside the new funding, Feedzai signed a framework agreement with the ECB that makes it a “first-ranked tenderer” to provide the central fraud detection and prevention mechanism for the digital euro.
The framework agreement for the risk and fraud management component has an estimated value of €79.1 million ($92.82 million) and a maximum value of €237.3 million ($278.47 million). The agreement would, should it proceed, see Feedzai deliver a state-of-the-art central fraud detection and prevention mechanism to the ECB, ensuring full compliance with EU security, privacy and data protection standards, in partnership with PricewaterhouseCoopers LLP.
The framework agreement isn’t a final commitment, however, but sets the terms for potential future work. The actual development of the components – or certain parts of them – will be decided at a later stage.
Following the framework agreement conclusion, Feedzai and other successful tenderers will work with the ECB to finalize planning and timelines. Under the guidance of the ECB Governing Council and in line with EU legislation, this work will cover the design, integration and development of the Digital Euro Service Platform.
“Being selected as the first-ranked tenderer in the framework agreement to secure the digital euro is both an honor and a responsibility,” said Sebastião. “With tens of billions of transactions expected across the eurozone, success depends on AI that can adapt as quickly as fraud evolves. Our role is to provide the intelligence that keeps even the most sophisticated fraud out, ensuring trust in every digital euro transaction from day one.”
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