FinTechFunding

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
Previous article
FuroSystems: Raises £750K in Seed Funding
Next article
Lloyds: Launches new cashback initiative with local retailers
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

FinTech

Deutsche Börse Invests in Kraken, Strengthening Crypto Market Position

The investment aims to enhance Kraken's offerings and expand market access.Highlights: Deutsche Börse invests in Kraken to boost...
FinTech

Monzo Strengthens Presence by Going Live in Ireland

UK-based digital bank Monzo expands offering to Irish customers.Highlights: Monzo has officially launched its banking services in Ireland.Irish...
FinTech

Monzo Launches its Services in Ireland to Strengthen Banking Options

UK challenger bank expands its reach into the Irish market.Highlights: Monzo begins operations in Ireland, offering a range...
FinTech

OpenAI Acquires Financial Planning App Hiro

The acquisition aims to enhance OpenAI's financial capabilities.Highlights: OpenAI has acquired Hiro, a financial planning application.The deal emphasizes...