Today, RiskOps platform Feedzai announced that it ended its fiscal year with +40% year-over-year growth in exit annual recurring revenue (ARR). With a total of 24 tier one new logos across the globe, the company also recorded no churn on core customers. Additionally, extended contracts were signed with key clients like Citi Bank in North America, Lloyds Banking Group in EMEA, Picpay in LATAM, and Cuscal in APAC.
The company recently announced the world’s first RiskOps platform. In addition, the latest round of funding and the acquisition of Revelock contributed to this growth. Feedzai also strengthened its regional teams with Johanna Pugh and Eduardo Linhares joining as General Managers for North-America and LATAM respectively.
Last year the company received a $200 million Series D investment that gave it “unicorn company” status and allowed it to acquire Revelock, a leading behavioral and biometrics platform, later in the year. But it was also the year in which the company defined RiskOps as a new approach to risk management. RiskOps meets key industry challenges to seamlessly solve for Identity, Real-Time data, and collaboration across the customer lifecycle, increase productivity and enable financial services companies to deliver better outcomes for their customers.
Feedzai’s technology now reaches over 900 million consumers worldwide, from 800 million a year ago. This equates to about 19 billion transactions tracked during the year and over 1.7 trillion dollars protected for some of the world’s largest banks, fintechs, and merchants.
“It has been an exceptional year for Feedzai. From the last investment round that granted us unicorn status, the Revelock acquisition that allowed us to add prevention strategies to our product, to the announcement of the RiskOps platform and key leadership hires. All of thi ..
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