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Worldpay joins £16.5 million funding round in Featurespace

UK based fraud prevention startup Featurespace raised a $21.6 million venture financing led by Highland Europe.

Featurespace’s real-time, ARIC™ platform uses Adaptive Behavioural Analytics to detect anomalies in individual behaviour for fraud and risk management. Featurespace was created out of Cambridge University’s Engineering Department, co-founded by world-renowned experts in applied statistics, the late Professor Bill Fitzgerald and Dave Excell, Featurespace CTO.

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financing