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CashShield raised $20m Series B from Tamasek and GGV Capital

Singapore based provider of online fraud management solutions raised $20m Series B from Tamasek and GGV Capital. 

Justin Lie, CEO and founder of CashShield, said in the press release, “The ability to use first-rate technology to solve fraud woes creatively has unlocked tremendous value for enterprises, allowing CashShield to be profitable since the beginning. Investors, too, see the value, and are supporting us in our fight against the online fraud boom.”