Feedzai to acquire Revelock from Seaya Ventures.

Feedzai, a developer of a risk management software, agreed to acquire Revelock, a developer of an online fraud detection technology, from Seaya Ventures, a Spanish venture fund. Financial terms were not disclosed. “Revelock and Feedzai’s mutual mission to make digital commerce safe for everyone makes us a perfect fit, and by joining forces we are far better placed to stop bad actors in their tracks and turn the tide on financial crime. The unified cloud-based, all-in-one financial risk management platform will empower financial institutions to finally transcend the age-old cat-and-mouse game while providing digital trust for an increasingly digitized cashless economy," Pablo de la Riva, Revelock Co-Founder and CEO.