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Featurespace Raises £30 Million to Drive Growth

May 13, 2020about 5 years ago

Amount Raised

£30 Million

London

Description

Featurespace, the leading provider of Adaptive Behavioral Analytics software for enterprise financial crime prevention, has raised £30 million ($37.4 million) from a funding round led by Merian Chrysalis Investment Company Limited.

Company Information

Company

Featurespace

Location

London, Ontario, Canada

About

Featurespace is a British cybersecurity and analytics software firm specializing in real-time artificial intelligence to help financial institutions detect and prevent fraudulent activities within payment transactions. With a focus on enhancing fraud detection and risk-scoring solutions, Featurespace has established itself as a leading provider in the industry.

Funding Insights

Based on industry data
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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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