EDP-backed big data analysis and fraud detection company Feedzai has raised funding from investors including SAP-backed venture firm Sapphire Ventures.
Portugal-based big data analysis and fraud detection company Feedzai secured $17.5m on Monday in a series B round backed by investors including Sapphire Ventures, the venture capital firm affiliated with software producer SAP.
Oak HC/FT, a $500m fund established by Oak Investment Partners, led the round. which also featured Espírito Santo Ventures, a venture capital fund affiliated with financial services provider Novo Banco.
Feedzai provides real-time big data analysis aimed at reducing risk and preventing fraud facing payment providers, banks…
