Alloy raises $100M at a $1.35B valuation to help banks and fintechs fight fraud with its API-based platform

Alloy raises $100M at a $1.35B valuation to help banks and fintechs fight fraud with its API-based platform

3 years ago
Anonymous $WHrWmjSJBZ

https://techcrunch.com/2021/09/30/alloy-raises-100m-at-a-1-35b-valuation-to-help-banks-and-fintechs-fight-fraud-with-its-api-based-platform/

Alloy, which has built an identity operating system for banks and fintechs, announced Thursday that it has raised $100 million at a $1.35 billion valuation.

Lightspeed Venture Partners led the Series C round, which comes just over one year after New York-based Alloy raised $40 million in a Series B financing. Existing backers Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ventures all put money in the latest round, bringing Alloy’s total raised to over $150 million since its 2015 inception.

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