Feedzai Explained

Feedzai
Type:	Private
Num Employees:	500+^[1]
Industry:	Financial technology, enterprise software
Founded:	2011
Hq Location City:	Coimbra
Hq Location Country:	Portugal
Area Served:	Worldwide
Key People:	Nuno Sebastião, CEO
Products:	Feedzai Enterprise, Feedzai Solutions
Services:	Artificial intelligence, machine learning, SaaS, big data analytics

Feedzai is a data science company that develops real-time machine learning tools to identify fraudulent payment transactions and minimize risk in the financial services, retail, and e-commerce industries.^{[2] [3] [4] [5]} The company has been classified as a unicorn startup since March 2021, after a Series D funding round pushed its value above $1 billion.^{[6] [7]}

Feedzai is headquartered in Coimbra, Portugal.^{[8] [9]} The company's U.S. headquarters is in San Mateo, California, in the Silicon Valley.^[10]

The company was founded in 2011^[11] by Nuno Sebastião, Pedro Bizarro and Paulo Marques.^[12] The company first began selling its solutions for fraud detection and operational intelligence in Europe and later expanded to the United States in 2014.^[13]

Further reading

• The Forrester Wave™: Anti-Money-Laundering Solutions, Q3 2022
• The Forrester Wave™: Enterprise Fraud Management, Q1 2016
• Cool Vendors in Analytics and Business Intelligence, 2011 (Gartner)
• Market Guide for Online Fraud Detection, 2011 (Gartner)
• Market Guide for Operational Intelligence Platforms, 2015 (Gartner)
• Aite Matrix: Leading Fraud & AML Machine Learning Platforms (2021)

Notes and References

1. Web site: Pimentel. Ana. Feedzai is worth over a billion dollars and is the fourth unicorn founded by the Portuguese. 2021-11-22. Observador. https://web.archive.org/web/20220115122709/https://observador.pt/2021/03/24/feedzai-vale-mais-de-mil-milhoes-de-dolares-e-e-o-quarto-unicornio-fundado-por-portugueses/. January 15, 2022. pt-PT.
2. Web site: Lunden . Ingrid . 2021-03-24 . Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud . 2021-11-22 . TechCrunch . en-US .
3. News: 2015-05-18 . Feedzai Raises $17.5M for Fraud Detection, Prevention . en-US . Wall Street Journal . 2021-11-22 . 0099-9660.
4. Web site: Ferreira. Victor. 2021-06-28. Feedzai e Universidade de Coimbra juntam-se para transformar o ensino. 2021-11-22. PÚBLICO. pt.
5. Web site: Batista. Alexandre. 2019-02-14. Guardião do cofre. 2021-11-22. Forbes Portugal. pt-PT.
6. News: Irrera . Anna . 2021-03-24 . Fintech startup Feedzai valued at $1 billion in KKR-led funding round . en . Reuters . 2021-11-22.
7. Web site: Ferreira . Victor . 2021-03-24 . Feedzai angaria 170 milhões e torna-se o quarto "unicórnio" português . 2021-11-22 . Publico . pt.
8. Web site: Santos. Juliana Nogueira. 2021-03-29. Feedzai é a primeira empresa portuguesa ao nível "startup unicórnio" com sede em Portugal?. 2021-11-22. Polígrafo Sapo. pt.
9. Web site: Ferreira. Victor. 2021-03-29. "Para mim, é estratégico: a criação de conhecimento primário é em Portugal". 2021-11-22. PÚBLICO. pt.
10. Web site: D'Onfro. Jillian. 2019-09-17. AI 50: America's Most Promising Artificial Intelligence Companies. 2021-11-22. Forbes. en.
11. Web site: Bandeira. Mariana. 2021-08-04. Feedzai compra tecnologia biométrica para prevenir fraudes através de mudanças de comportamento (com áudio). 2021-11-22. O Jornal Económico. pt-PT.
12. https://maebd.di.fct.unl.pt/ano_1920/Seminario/Relatorios/Feedzai_Seminarios_56861.pdf Detecting data changes in data streams by Joao Camacho, Nova University Lisbon
13. Web site: Leibel. Michael. 2014-01-29. Feedzai launches fraud detection software in U.S. to help retailers stop data theft. 2021-11-22. VentureBeat. en-US.