Detected: Closes £600K Seed Funding

  • Detected, a London, UK-based provider of an agnostic business verification platform, completed a £600k seed funding round
  • The company intends to use the funds for product development, continued commercialization, and global expansion
  • Detected provides an agnostic business verification platform, which enables B2B buyers and sellers to trade with confidence
  • The verification platform analyses thousands of data points for every business and can process thousands of verifications per minute
  • This automated, rapid insight enables marketplace operators and businesses to reduce fraud, accelerate trading and grow revenue
  • The company launches its AI-powered platform in early December
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...