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...
Want to read more?
Please log into your subscriber account.
Check out our subscription offers. New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) on a searchable flash drive.