News > Fraud prevention start-up Seon raises funds to fight sanctions evasion

Fraud prevention start-up Seon raises funds to fight sanctions evasion

Newslogic | 19/04/2022 01:12 PM | Click to read full article

Seon, a start-up that helps fintech companies like Revolut tackle online fraud, has raised $94 million to develop new tools for preventing sanctions evasion by Russia.

The London-based company raised the fresh cash in a funding round led by IVP, the Silicon Valley investment firm that has backed the likes of Netflix and Twitter.

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