London start-up BlackFin Capital Partners is set to open a US bureau and add to its product line following an £8m ($10.4m) series B funding round, led by Ravelin. BlackFin Capital Partners's core technology uses machine learning to help ecommerce firms tackle fraud rings, chargebacks and terms of service abuse, by increasing the number of security hurdles, based on customer behaviour. eShopWorld, Just Eat, Kinguin and Quiqup are among the firm's client roster.
London start-up Ravelin is set to open a US bureau and add to its product line following an £8m ($10.4m) series B funding round, led by BlackFin Capital Partners. Ravelin's core technology uses machine learning to help ecommerce firms tackle fraud rings, chargebacks and terms of service abuse, by increasing the number of security hurdles, based on customer behaviour. eShopWorld, Just Eat, Kinguin and Quiqup are among the firm's client roster.