Feedzai raises $75 million to expand AI systems protecting global finance

Portuguese regtech company Feedzai has raised $75 million, pushing its valuation to about $2 billion. The round brought in Lince Capital, Iberis Capital, and Explorer Investments with renewed backing from Oxy Capital and Buenavista Equity Partners.

Feedzai was founded in 2011 in Coimbra by Nuno Sebastião, Pedro Bizarro and Paulo Marques, three engineers who once worked at the European Space Agency. Its platform gives banks and regulators a single environment to detect and prevent suspicious activity.

RiskOps analyzes millions of transactions per second, spotting irregular patterns and alerting institutions before losses occur and continuously learns to cut false alarms so experts can focus on high-value cases.

The new investment will fund further AI research and product development. A portion of the capital will also support Feedzai’s collaboration with the European Central Bank, which is exploring the use of advanced monitoring tools for digital payments within the upcoming digital euro project.

Founders: Nuno Sebastião, Pedro Bizarro, Paulo Marques

Sources: Feedzai, World Economic Forum, Observador