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Fintech startup Alloy leans on fraud prevention to land new $1.55B valuation

Despite market headwinds in the fintech industry, Alloy announced that we raised an additional $52 million at a $1.55 billion valuation as we accelerate our growth to address the global demand for fraud prevention tools. Alloy's CEO, Tommy Nicholas, talked with TechCrunch about how Alloy will use this investment to react quickly to fraud that is increasing in both frequency and complexity.

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Fraud is changing quickly for our customers. We’ve gone global and we’re doing more things than ever. We know opportunities are going to arise where we’re going to need to make R&D investments.

Tommy Nicholas, CEO & Co-founder at Alloy

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To reach fintech’s next level, infrastructure providers must address these pain points

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The Cloud 100

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Identity Decisioning Platform Alloy Announces Global Expansion Plans

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Recent Press

Fintech Business Weekly
Sep 11, 2022

Fintech Business Weekly, Sep 11, 2022

Apple’s Homeland Security Deal Yields Checkpoint, KYC, Voter ID Patents, Documents Suggest

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AlleyWatch
Sep 10, 2022

AlleyWatch, Sep 10, 2022

Alloy Adds Another $52M in Funding, Bringing its Valuation to $1.55B

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Built in NYC
Sep 6, 2022

Built in NYC, Sep 6, 2022

Alloy Gained $52M, Koop Launched With $5M, and More NYC Tech News

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Fintech Magazine
Sep 5, 2022

Fintech Magazine, Sep 5, 2022

Identity decisioning fintech Alloy raises another US$52mn

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The Fintech Times
Sep 3, 2022

The Fintech Times, Sep 3, 2022

Alloy Enjoys Funding Success Following Recent Global Expansion

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