Feedzai Reaches New Heights with $2 Billion Valuation and ECB Partnership

Feedzai, one of Portugal’s leading technology unicorns, has reached a valuation exceeding $2 billion following a fresh funding round worth around $75 million (€64 million). The round attracted new institutional investors including Lince Capital, Iberis Capital, and Explorer Investments, joining existing backers Oxy Capital and Buenavista Equity Partners.

 

Founded by Nuno Sebastião, Pedro Bizarro, and Paulo Marques, with offices in Porto and a global presence, Feedzai has become a reference in artificial intelligence for financial risk management and fraud prevention.

 

The announcement coincided with a major milestone for the company: the European Central Bank’s decision to appoint Feedzai as the main technology provider for the digital euro’s risk management and fraud prevention system. The four-year contract, valued at up to €237 million, positions the Portuguese fintech at the heart of Europe’s efforts to ensure the security and reliability of its future digital currency.

 

According to CEO and co-founder Nuno Sebastião, the new funding will strengthen Feedzai’s capacity to innovate and expand its AI-powered solutions, helping businesses protect against evolving threats in the financial ecosystem. He added that the company’s mission is to make all forms of payment — including those yet to be invented — safe and trustworthy. Feedzai’s latest valuation reinforces its standing as one of Portugal’s seven unicorns and underscores its growing strategic relevance in the global fintech landscape.