Vesta Secures $125 Million from Private Equity Firm

Vesta Secures $125 Million from Private Equity Firm

May 28, 2020

Antifraud technology provider Vesta has secured $125 million in new growth capital from private equity firm Goldfinch Partners. The funding will provide Vesta with the resources to invest in growth and continue deployment of its fraud protection and e-commerce payment solutions, according to a joint release from the companies.

Vesta offers fraud protection and e-commerce payment solutions to online merchants, telecommunication providers, payment processors and acquirers. Vesta says its service allows merchants to integrate through shopping cart plug-ins, including Magento, Shopify, Salesforce, WooCommerce, BigCommerce and SAP Commerce Cloud.

“As more people seek safe ways to pay amid the Covid-19 pandemic, keeping merchants and consumers safe online has never been more important”

“As more people seek safe ways to pay amid the Covid-19 pandemic, keeping merchants and consumers safe online has never been more important,” the statement noted. “Vesta has continued to experience strong growth in recent months despite the uncertain global environment.”

Previous-Article-CNP  Next-Article-CNP

New call-to-action

 

  • Share this Article:
Joan Goodchild

Lastest Fraud News