
PANews|Sep 18, 2025 12:48
[Anti-Fraud Company SEON Secures $80 Million in Series C Funding, Led by Sixth Street Growth]
According to TechFundingNews, global anti-fraud company SEON announced the completion of an $80 million Series C funding round, led by Sixth Street Growth, with participation from IVP, Creandum, Firebolt, and Hearst. SEON's total funding has reached $187 million. The new funds will be used to strengthen its presence in the Asia-Pacific and Latin American markets and to optimize regional predictive models. SEON provides real-time fraud detection for digital companies such as Revolut, Plaid, and Nubank, with clients reporting a 90% reduction in fake account creation, an 80% improvement in transaction monitoring accuracy, and a 75% decrease in manual reviews. Michael Bauer, Managing Director at Sixth Street Growth, will join SEON's board of directors.
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