Announced
Completed
Synopsis
PSG-backed NoFraud, an eCommerce fraud prevention and checkout solution, completed the acquisition of Yofi, a customer intentionality platform that protects profits and enhances data integrity. Financial terms were not disclosed. “Together with Yofi AI, we’re taking a massive step forward to change how merchants manage risk, Legacy tools weren’t built for today’s realities. Our platform meets risk where it happens, in real time, protecting margins and helping merchants grow,” Scott Gifis, NoFraud CEO.
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