Vesta Gets USD 125M Investment From Goldfinch Partners

Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured USD 125 million in new growth capital from private equity firm Goldfinch Partners, the company said.

The funding will provide Vesta with the resources to invest in growth and continue the global deployment of its fraud protection and e-commerce payment solutions.

Vesta enables e-commerce companies to grow their businesses by focusing on revenue rather than risk, with its zero-risk and zero-liability payment guarantee. Vesta´s real-time decisioning platform — built on data science and machine learning with more than 25 years of intelligence — analyzes customers´ online payment transactions to assess the risk of fraud.

Eliminating the fear of fraud and ensuring that more good transactions are approved increases revenue and ultimately profits. Today, Vesta provides its service to partners in the telecommunications and e-commerce industries and allows merchants to seamlessly integrate through shopping cart plug-ins, including Magento, Shopify, Salesforce, WooCommerce, BigCommerce and SAP Commerce Cloud.

Financial Technology Partners (FT Partners) served as exclusive financial and strategic advisor to Vesta and its Board of Directors in this transaction.

Vesta is a provider of guaranteed fraud protection and e-commerce payment solutions that help online merchants, major telcos, payment processors and acquirers optimize revenue by eliminating the fear of fraud. Founded in 1995, Vesta pioneered fully guaranteed card-not-present (CNP) payment transactions for the telecommunications industry by using its cutting-edge data science and machine learning capabilities to thwart fraud and ensure that more valid transactions are approved. Today, Vesta processes and protects billions of dollars in transactions annually. For more information, visit www.trustvesta.com.

Goldfinch Partners is a private equity firm focused on investing in businesses at the forefront of digital transformation.