Feedzai attracts $17.5 mln Series B: Corrected

San Mateo, California-based Feedzai, a data science company that provides fraud prevention and detection solutions, has secured $17.5 million in Series B funding. The investors were Oak HC/FT, Sapphire Ventures (formerly SAP Ventures) and Espirito Santo Ventures. Financial Technology Partners advised Feedzai on the transaction. In addition to the funding, Oak HC/FT’s Patricia Kemp and Jonathan Weiner have been added to Feedzai’s board of directors.


Wave nabs $10 mln Series C

Toronto-based Wave, a free software provider for the “money side of small businesses,” has secured $10 million in Series C funding. The investors included CRV, The Social+Capital Partnership and OMERS Ventures. Financial Technology Partners advised Wave on the transaction.

Reuters: Welsh Carson pulls TransFirst sale on recap, WorldPay -sources

Buyout firm Welsh, Carson, Anderson & Stowe has ended talks on the sale of payment processing company TransFirst to pursue a dividend recapitalization, as potential buyers held out for combining it with a unit of private equity-owned peer WorldPay, sources said. Welsh Carson had hired investment boutique Financial Technology Partners to explore a sale of TransFirst, hoping to fetch between $1.3 billion and $1.5 billion in a sale, people familiar with the matter told Reuters in September.

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