Tiger Global leads $34M financial investment into Unit21, a no-code scams prevention platform
Unit21, a start-up that assists businesses keep an eye on fraudulent activities with its no-code software, revealed today it has raised $34 million in a Series B round of funding led by Tiger Global Management. The round values San Francisco-based Unit21 at $300 million and comes 9 months after the startup raised a $13 million Series A that […] The company says it has monitored more than $100 billion in activity by means of its API and control panel since its 2018 creation. It also states that it has saved more than 20 million users over $100 million in fraud loss/suspicious activity.”Data is the most important weapon in the battle against fraud and cash laundering,” Kothari said. As of late June, Unit21 had 53 staff members, up from 12 at the exact same time last year. …]…
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