Founder(s): Nuno Sebastião, Pedro Bizarro and Paulo Marques
Business: The market leader in fighting financial crime with AI.
Feedzai is coding the future of commerce with today’s most advanced risk management platform, powered by big data and machine learning.
Founded in 2011 and developed by data scientists and aerospace engineers, Feedzai has one mission: to make banking and commerce safe. With more than 500 employees and $82M raised so far, Feedzai is considered best in class by Aite and one of the most successful AI companies by Forbes.
The world’s largest financial institutions (e.g. Citi, Lloyds Banking Group, Standard Chartered, Fiserv, and many more) use Feedzai’s fraud prevention and anti-money laundering products to safeguard trillions of dollars and manage risk while improving customer experience.
Feedzai currently protects companies with more than 800 million customers in 190 countries. With more than 154M US individual and business taxpayers, almost half of the UK and Canada’s population, and 60% of global music streaming subscriptions being monitored and protected by Feedzai, the company has shown over the years that its mission-critical technology is preferred by the largest and most innovative companies in the world.
One of Feedzai’s core missions is to help their clients develop and maintain Responsible AI, actively working towards this. Feedzai is currently working on Fairness AutoML to make a model selection based on detection criteria and taking into account fairness metrics.