FiVerity Secures $2M Round to Accelerate Growth and Expand its Cyber Fraud Detection Platform for Banks, Credit Unions and Credit Card Providers

19 Mar, 2021

FiVerity Secures $2M Round to Accelerate Growth and Expand its Cyber Fraud Detection Platform for Banks, Credit Unions and Credit Card Providers
Photo by Dimitry Anikin on Unsplash

– FiVerity closed a $2m round of financing.
– The investment was fueled by Mendoza Ventures and a class of super-angels from the cybersecurity and financial services industries, including serial entrepreneur Doug Levin, who has been appointed as the company’s Executive Chairman.
– FiVerity will use the funds to expand its products and ramp up sales and marketing efforts.
– FiVerity’s machine-learning platform detects and prevents new and existing types of fraud more effectively than current alternatives at banks, credit unions, credit card providers and other financial institutions.

Artificial Intelligence Computer Cyber Security Financial Services FinTech Fraud Detection Information Technology Machine Learning North America Software
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