Worldpay to acquire Ravelin.

Worldpay, a payments technology and solutions provider, agreed to acquire Ravelin, an AI-native fraud prevention platform. Financial terms were not disclosed. “Our acquisition of Ravelin aligns with our strategy to invest in innovation and AI technology, enhancing the value we provide customers and accelerating our e-commerce growth. In today’s online world, equipping merchants with next-generation AI-powered fraud prevention products is vital, and we believe Ravelin’s technology and expertise will significantly enhance Worldpay’s overall value proposition to the marketplace. We look forward to partnering with Ravelin’s leadership and their talented team to help our customers address their most complex challenges,” Charles Drucker, Worldpay CEO.