Immigrants to a new country can often be cash-rich. The problem is, is that they have no credit history in their new country. Plus, a consumer cannot take their credit file from one country to another. Furthermore, credit bureaus are rarely coordinated or joined up across countries. The upshot of this is that those that […]
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, the fraud fighter, has secured €10 million (USD 12 million) series A investment. The funding, Hungary’s largest series A round to date, was led by leading European early-stage investor Creandum, behind some of Europe’s best tech companies including Spotify, Klarna, and Kahoot, as well as further investment from CEE’s leading VC, PortfoLion, part of OTP Bank.
As part of the funding round, SEON has added the following industry leaders to its table of current shareholders: N26 founders, Maximilian Tayenthal and Valentin Stalf, SumUp founders Stefan Jeschonnek and Jan Deepen, Tide CEO Laurence Krieger, Revolut ex-CFO Peter O Higgins, iZettle ex-chief Product Officer Leo Nilsson, Onfido cofounder Eamon Jubawy and ComplyAdvantage founder Charlie Delingpole.