NTT Docomo, Capital One and Phoenix Insurance could exit the fraud detection software provider, which has announced its intention to float on the New York Stock Exchange.

Riskified, a US-based e-commerce fraud detection software developer backed by mobile network operator NTT Docomo, insurance firm Phoenix and financial services firm Capital One, filed for an initial public offering yesterday.

The offering is set to take place on the New York Stock Exchange and there is a $100m placeholder target listed in the draft prospectus.

Founded in 2013, Riskified has developed an online risk management platform that leverages artificial intelligence technology to automatically approve or deny e-commerce transactions,…