Detected, a UK and US-based fintech company, has raised $2.5 million in its latest funding round. The investment comes from existing investors Thomson Reuters Ventures, Love Ventures, and several industry angels. Detected plans to use the funding to continue building its business onboarding technology, which aims to reinvent the traditional approach to onboarding for businesses, customers, and merchants. The company has gained recognition in the industry, having been named number one in the RegTech 50 and winning the Fintech Innovator Award. Detected has also been listed in the Startups 100 Index for 2024. The new funding will support Detected’s growth strategy as it expands its relationships with enterprise clients and increases the number of payments businesses it works with.
Detected locks down 2.5 million dollars.
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