"SEON’s AI Shield Shows Resilience Amid Growing Fraud Threats—Secures $80M to Boost Worldwide Protection"

SEON, a prominent company specializing in fraud prevention and anti-money laundering (AML) technologies, has raised $80 million in its Series C round, bringing its cumulative funding to $187 million. The round was led by Sixth Street Growth, with continued support from existing backers IVP, Creandum, and Firebolt, and new participation from Hearst. This fresh capital will be utilized to drive SEON’s international growth, further advance its AI-driven fraud detection tools, and bolster efforts in strategic hiring.

Over the last year, the company has seen notable expansion, especially within the fraud and compliance tech sector. SEON manages tens of millions of customer interactions every day for a wide client base, which includes top digital companies like Revolut, Plaid, Nubank, Afterpay,

, and Entain. The platform leverages more than 900 real-time data points to offer adaptable compliance, fraud prevention, and digital onboarding—all accessible through a single API. This strategy has reinforced SEON’s reputation as a leader in the field of fraud prevention.

Organizations using SEON’s platform have seen marked improvements in both detecting fraud and boosting operational efficiency. By integrating fraud and AML measures, SEON’s solution has reduced fake account registrations by as much as 90% and improved the accuracy of identifying fraudulent transactions by over 80%. Clients have also benefited from up to 75% less manual review time, giving teams more bandwidth for business development instead of reactive checks.

The newly acquired funds will focus on strengthening SEON’s AI for instant fraud detection, expanding further into markets like Asia-Pacific and Latin America, and deepening collaborations with

and cloud technology partners. SEON also aims to customize its offerings to align with region-specific regulations and unique fraud trends in emerging markets.

Michael Bauer, Managing Director at Sixth Street Growth and an incoming board member, underscored SEON's vital role in combating rapidly evolving threats. “With the rise of AI, fraudulent activity is escalating faster than ever, and organizations require stronger protections,” said Bauer. He pointed out that SEON’s platform equips businesses with real-time analytics and automated workflows, empowering them to make swift, confident choices while maintaining a smooth customer journey.

Tamas Kadar, SEON’s co-founder and CEO, reaffirmed the company’s dedication to scaling its solutions to keep pace with modern digital commerce needs. As global fraud losses reach into the billions every year, SEON is well positioned to tackle a significant problem facing businesses on a worldwide scale. Karthik Ramakrishnan from IVP and Simon Schmincke from Creandum both commended SEON’s industry leadership, highlighting its outstanding growth and transformative results in fraud prevention.

As businesses increasingly seek unified solutions for compliance and fraud prevention, SEON’s approach meets the rising demand for scalable, real-time protection. The platform, built around APIs, is engineered to respond to changing threats, optimize processes, and minimize risks—enabling companies to sustain rapid expansion in a complex digital environment.