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

Private Markets Fintech Delio Acquired by Ialta

Ialta expands its portfolio with Delio, enhancing fintech capabilities in private investments.Highlights: Delio, a fintech focused on private...

Plaid Achieves $8 Billion Valuation, Strengthening Fintech Position

The latest funding round boosts Plaid's market presence significantly.Highlights: Plaid secures a $8 billion valuation following recent funding.The...

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover...

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...