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Quavo raises $300m in growth funding

Wilmington based fraud and dispute management platform for financial institutions raised $300m in growth funding led by Spectrum Equity.

“With this new investment, we intend to accelerate our AI-led product development initiatives and expand our go-to-market and client success teams to meet growing market demand and drive exceptional client outcomes. Our vision to restore financial trust and simplify fraud and disputes is unwavering, and this partnership allows us to achieve these goals faster and at even greater scale.”

Tags

ai, fraud, risk, compliance