Budapest-based SEON, — an anti-fraud platform which looks at a customer’s ‘digital footprint’ to weed out false accounts and thus prevent fraudulent transactions — has acquired compliance and AML specialist firm, Complytron, also based out of Budapest.
Terms of the deal were not officially released, but Techcrunch sources said the deal was in the region of €2.5M, although SEON declined to comment. Complytron had previously raised €257,000 from Budapest-based CVC Hiventures.
Complytron’s co-founder and CEO, Oliver Lebhardt, will join SEON along with co-founder and UX lead, Abris Gryllus. A S
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