Anti-Fraud Company SEON Completes $80 Million Series C Funding Round, Led by Sixth Street Growth

BlockBeats News, September 18th, Anti-fraud company SEON announced the completion of an $80 million Series C funding round, led by Sixth Street Growth, with participation from IVP, Creandum, Firebolt, and new investor Hearst. This new round of funding brings SEON's total funding to $187 million, including a $94 million Series B funding round raised in 2022. The company's two founders previously established a fiat-to-cryptocurrency exchange platform in the Central and Eastern European region. SEON will also address the increasingly complex digital environment in related fields.

Currently, SEON serves clients in various industries, including cryptocurrency, gaming, financial institutions, and e-commerce. Its clients include Patreon, Revolut, NuBank, Ladbrokes, Air France, and KLM Royal Dutch Airlines, among others. With the help of the new funding, they hope to reach more clients and provide them with effective yet budget-friendly fraud prevention solutions. (Techfundingnews)