Vesta
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$20.0m | Early VC | ||
* | $125m | Buyout | |
N/A | Late VC | ||
Total Funding | €18.2m |
Recent News about Vesta
EditVesta is a fintech company specializing in fraud protection and risk management for e-commerce and telecommunications merchants. Operating globally, Vesta helps businesses increase their transaction approval rates while minimizing the risk of chargebacks and fraud. The company serves a diverse range of clients, including online retailers and telecom operators, providing them with real-time fraud decisioning and protection services. Vesta's business model revolves around offering a 'no win, no fee' system, ensuring that clients only pay for successful fraud prevention. This approach not only reduces financial risk for merchants but also aligns Vesta's incentives with those of its clients. The company generates revenue through service fees and transaction-based charges, making money when its clients successfully process more approved transactions. Recently, Vesta secured a $125 million investment from Goldfinch Partners, which will be used to accelerate global expansion and develop new products.
Keywords: fraud protection, risk management, e-commerce, telecommunications, chargebacks, transaction approvals, real-time decisioning, fintech, global expansion, investment.