Announced

Completed

Feedzai completed the acquisition of Demyst.

Synopsis

Feedzai, a financial crime prevention platform, completed the acquisition of Demyst, a US-based software company that helps enterprises easily find, integrate and use third-party data. Financial terms were not disclosed. "Demyst is a first mover and leader in accessing necessary data — internal or external — at the critical moment for any part of the user journey. Paired with Feedzai’s market-leading AI, this ensures every data point is fully utilized to drive smarter and faster decisions. More broadly, this acquisition marks a pivotal moment in continuing Feedzai’s evolution from a data consumer to a data provider," Nuno Sebastiao, Feedzai CEO and Co-Founder.

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