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Kount Gets $80-Million Investment

CVC Growth Fund has made an $80-million equity investment in Kount, a top provider of fraud detection and prevention services for acquirers, payment service providers, and merchants that accept payments from online and mobile devices. CVC maintains 22 offices in Europe, the U.S., and Asia-Pacific. It plans on helping Kount accelerate growth globally, including introducing other companies in the CVC investment portfolio to Kount’s fraud fighting technology. Kount and CVC believe ecommerce and mobile fraud prevention technologies are positioned for strong growth for multiple reasons, inc...

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