areaspreviousupdateshomecontacts
questionsdiscussionshighlightsabout us

Quavo Secures $300 Million Investment to Tackle Financial Fraud

August 9, 2025 - 18:47

Quavo Secures $300 Million Investment to Tackle Financial Fraud

Fraud and dispute management provider Quavo has successfully raised $300 million from private investment firm Spectrum Equity, marking a significant milestone in its mission to combat financial fraud. This funding comes as prior investor FINTOP Capital decides to divest its stake in the company. Following this transition, notable shareholders will include Pegasystems along with four of the company’s founding executives.

Quavo specializes in delivering software-as-a-service solutions designed to automate and streamline fraud and dispute management processes for financial institutions. The company's innovative technology has proven effective, processing over 12 million transactions annually. With this substantial investment, Quavo aims to enhance its capabilities and expand its reach in the financial technology sector. As financial fraud continues to rise, Quavo's advancements could play a crucial role in safeguarding institutions and their customers against increasingly sophisticated fraudulent activities. This strategic move not only strengthens Quavo’s operational capacity but also underscores the growing importance of robust fraud prevention measures in today’s digital landscape.


MORE NEWS

Scottish Finance Secretary Seeks Urgent Meeting with Chancellor Ahead of Budget

November 9, 2025 - 07:28

Scottish Finance Secretary Seeks Urgent Meeting with Chancellor Ahead of Budget

Shona Robison, the Scottish Finance Secretary, has formally requested an urgent meeting with Chancellor Rachel Reeves to discuss the forthcoming Budget. In this meeting, Robison aims to present her...

Transforming Communities: The Impact of the CDFI Fund

November 8, 2025 - 22:27

Transforming Communities: The Impact of the CDFI Fund

The Community Development Financial Institutions (CDFI) Fund is proving to be a powerful catalyst for community development, effectively turning modest federal investments into significant...

Markets Recover Slightly Amid Concerns Over Tech Sector and Job Data

November 8, 2025 - 02:49

Markets Recover Slightly Amid Concerns Over Tech Sector and Job Data

In a week marked by volatility, major stock indices, including the Nasdaq, S&P 500, and Dow Jones Industrial Average, managed to trim their losses as trading approached the week`s end. Investors...

Nvidia and Tech Stocks Plummet After AI Bailout Remarks

November 7, 2025 - 03:52

Nvidia and Tech Stocks Plummet After AI Bailout Remarks

Nvidia and several other technology stocks experienced a significant downturn on Thursday following comments from a Trump administration official regarding the future of the artificial intelligence...

read all news
areaspreviousupdateshomecontacts

Copyright © 2025 Savixy.com

Founded by: Alana Kane

questionsdiscussionshighlightstop picksabout us
termscookie settingsprivacy