Signifyd
“Can a fraud protection guarantee company become the operating layer for payment conversion across the entire merchant-to-bank transaction chain?”
Founded2011
HQSan Jose, CA
FoundersRajesh Ramanand, Michael Liberty
Total raised$390M+
Latest roundSeries E, April 2021
IndustryInfrastructure / Identity
The story
Founded in 2011 as a merchant-facing fraud protection service backed by a financial guarantee against chargebacks. Evolved from pure fraud screening into a broader 'Commerce Protection Platform' covering account protection, returns abuse, and chargeback recovery. Most recently pivoted to serve payment providers (PSPs, acquirers, issuers) directly via the Fearless Payments platform, embedding its fraud decisioning and SCA optimization capabilities as infrastructure for the payments stack rather than just an end-merchant tool.
Last 12 months
Product timeline
2011
Signifyd founded by Rajesh Ramanand and Michael Liberty to provide machine-learning-based e-commerce fraud protection with a financial guarantee.· pivot
2016
Launched Guaranteed Fraud Protection, offering merchants a 100% financial guarantee against chargebacks on approved orders.· lending
2019
Expanded platform with Account Protection to defend customer accounts from account takeover fraud.· banking
2021
Raised $205M Series E to accelerate global expansion and product development including SCA/PSD2 compliance tools for European markets.· ipo
2022
Launched Seamless SCA and Transaction Risk Analysis (TRA) engine for Dynamic Exemption Management in EEA markets.· pivot
2023
Launched Fearless Payments — a Payments Optimization Platform targeted at payment service providers (PSPs), not just merchants.· pivot
2024
Launched Authorization Rate Optimization with direct issuer integrations, and expanded Return Insights and Instant Refunds products.· banking
Regulated entities
PCI DSS Level 1
US
Signifyd, Inc.
ISO 27001
Global
Signifyd, Inc.
PCI 3DS
US
Signifyd, Inc.
SOC 2 Type II
US
Signifyd, Inc.
The stack
Accounting gap: minor