Announced
Completed
Financials
Tags
Payments / Commerce
Private Equity
Acquisition
United States
Private
Single Bidder
Completed
payment solutions
Minority
Friendly
Synopsis
Private equity firm General Atlantic led a $165m Series E funding round in Riskified, a provider of payments and fraud-prevention solutions, at a valuation of more than $1bn. Existing investors Qumra Capital, Pitango Venture Capital and Entrée Capital also participated in the round. The proceeds will be primarily used by Riskified to more rapidly scale its business domestically and internationally and to expand its product footprint. "Riskified is the rare blend of realized performance and considerable potential. We are thrilled to partner with Eido and the Riskified team to reinvent the payments ecosystem and add real value for customers," Tanzeen Syed, General Atlantic Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.