4Stop Closes €2.5M Series A Round to Expand Its Global KYB, KYC, Compliance and Anti-Fraud Technology
Cologne, Germany – May 15th, 2019 (NewsWire) – 4Stop (“FourStop GmbH”) a leading global KYB, KYC, compliance and fraud prevention provider announces today its successful completion of a German-based €2.5 Million Series A Round Investment from Ventech (the leading pan-European VC fund investing in early-stage tech-driven start-ups).
The syndication of the investment from Ventech and due-diligence process was performed by renowned leading international attorneys and audit companies based out of Germany. Following, 4Stop’s business, team, and current technology solutions received high standards of performance excellence.
The global growth of online transactional engagement paired with its increasing fraud rates, identity thefts and continuous evolution of the regulatory requirement landscape makes it imperative for businesses operating online to ensure they implement a solution that future-proofs their compliance and fraud defense. A need for simplistic, all-encompassing risk management solutions is proving pertinence and supports 4Stop’s technology development, market value proposition and strategy.
4Stop dramatically saves businesses time and money underwriting merchants, managing their anti-fraud processes and eliminates the need to integrate multiple 3rd party KYC data sources. “We provide businesses with near real-time KYB, thousands of global data points, hundreds of KYC data sources and leading-edge, smart anti-fraud technology, all from a single API integration. Ensuring the most efficient, optimal data experience and futureproofed risk management processes are obtained. Bringing confidence to every merchant onboarded through to their customers and associated transactions, empowering and accelerating business performance”, states Ernst.
4Stop’s technology has received “Best Financial Transaction Security Platform” by Fintech Breakthrough Award earlier in 2019 and has received “Best Risk Management Solution Provider” in 2017 and 2018. Additionally, 4Stop’s value proposition has already been implemented by global payment and crypto leaders including Mifinity, Paymentz, Paysend, Gatehub and Draglet.
Ventech, Europe’s leading pan-European venture capital firm, invests in high-growth European startups with activities in the digital economy (Enterprise Software, Deep Technology, Marketplaces, Media) through its local offices in Paris, Munich and Helsinki. In China, Ventech’s Shanghai-based team manages a dedicated regional fund to invest across Asia and offer scaling and internationalisation support in Asia for European portfolio companies.
With more than €900M raised since 1998, Ventech has invested in over 150 companies in Europe, China, Russia and in the US.
Key active and past investments nclude successful high growth companies such as Believe, Curse (acquired by Amazon), Freespee, Ogury, Picanova, Speexx, StickyADS.tv (acquired by Comcast), Botify, Webedia,, Vestiaire Collective and Withings (acquired by Nokia).
For more information, www.ventechvc.com
4Stop, a leading fraud prevention provider solves businesses risk-based approach through a modern, all-in-one KYC, compliance and anti-fraud solution. Based in Germany and founded in 2016, 4Stop’s global compliance and risk management platform brings together their proprietary real-time anti-fraud technology with over 1800 active global premium data sources, in a single integration. 4Stop’s technology creates an unrivaled combination that allows businesses to confidently anticipate risk and are empowered to make well-informed decisions, backed by quantifiable data to manage regulatory obligations that will accelerate their business performance. 4Stop has been developed with a full understanding of compliance needs — locally and globally, today and in the future. Learn more about 4Stop or contact Us.
(For more information please contact email@example.com).
Further Information & Logo: https://www.4stop.com