Feedzai

Feedzai develops artificial-intelligence software that financial institutions use to detect and prevent fraud, money laundering, and other financial crime in real time. The company was founded in 2011 in Coimbra, Portugal, by Nuno Sebastião, Pedro Bizarro, and Paulo Marques, and is dual-headquartered in San Mateo, California, and Portugal. Sebastião, a former European Space Agency engineer, serves as chief executive officer.

The platform scores transactions and account activity with machine-learning models, pairing data-science tooling, case management, and behavioral analytics to flag suspicious payments before they clear. Feedzai's customers include large banks, payment processors, and merchants, and the company says its systems screen trillions of dollars in transactions each year. In 2023 the European Central Bank selected Feedzai, alongside Capgemini, to build the fraud and risk-management component of the planned digital euro.

Feedzai has raised roughly $347 million across six rounds. A $200 million Series D led by KKR in March 2021 valued the company at more than $1 billion, granting it unicorn status, with participation from existing investors Sapphire Ventures and Citi Ventures; earlier backers include Data Collective (DCVC). A later $75 million round in 2025 lifted its valuation to about $2 billion. The privately held firm employs roughly 800 people.