Event Online Global FinTech Fest 2020 

 38 days ago
 Source: finsmes.com

Vesta Raises $125M in Funding

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Vesta, a Lake Oswego, Ore.-based provider of fraud protection and fully guaranteed payment technologies, secured $125m in growth capital. The company intends to use the funds to invest in growth and continue the global deployment of its fraud protection and e-commerce payment solutions. Led by Ron Hynes, CEO, Vesta enables e-commerce companies to grow their businesses by focusing on revenue rather than risk, with its zero-risk and zero-liability payment guarantee. The company’s real-time decisioning platform – built on data science and machine learning – analyzes customers’ online payment transactions to assess the risk of fraud. Today, Vesta provides its service to partners in the telecommunications and e-commerce industries and allows merchants to integrate through shopping cart plug-ins, including Magento, Shopify, Salesforce, WooCommerce, BigCommerce and SAP Commerce Cloud.

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