Feedzai
“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.
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