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Feedzai

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“Can one AI-native platform own fraud, AML and identity risk decisions across every payment rail for the world's largest banks?”

Founded2011
HQCoimbra, Portugal (US HQ: San Mateo, California)
FoundersNuno Sebastião, Pedro Bizarro, Paulo Marques
Total raised$277.5M+ (disclosed)
Latest roundSeries D, 2021
Valuation>$1B (unicorn, 2021)
IndustryInfrastructure / KYC
The story

Founded in 2011 out of Coimbra as a real-time machine-learning platform for fraud detection, Feedzai grew into a global RiskOps vendor selling fraud, AML and identity solutions to tier-1 banks, PSPs and acquirers. The 2021 KKR-led Series D reset it as a scaled category leader; more recently it has extended the platform with orchestration (account opening) and Feedzai IQ (network intelligence), positioning itself as an AI-native financial-crime platform rather than a point fraud tool.

Last 12 months
2025
2026
Product timeline
2011
Founded in Coimbra, Portugal by Nuno Sebastião, Pedro Bizarro and Paulo Marques· founding
2021
$200M Series D led by KKR values the company above $1B (unicorn)· funding
2025
Selected by the ECB to help secure the Digital Euro· partnership
The stack
0 layers disclosed in Feedzai’s embedded-finance stack
Accounting gap: none

Feedzai — frequently asked

Who founded Feedzai?

Feedzai was founded by Nuno Sebastião, Pedro Bizarro and Paulo Marques and is founded in 2011, headquartered in Coimbra, Portugal (US HQ: San Mateo, California).

How much funding has Feedzai raised?

Feedzai has raised $277.5M+ (disclosed) in total (latest round: Series D, 2021; valuation: >$1B (unicorn, 2021)).

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