Seon Technologies

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SEON Technologies
IndustryFintech, Fraud prevention, Compliance, Network security, computer security, Internet security, Anti-money laundering
Founded2017; 9 years ago (2017)
Founders
  • Tamás Kádár
  • Bence Jendruszák
HeadquartersAustin, Texas
Area served
Worldwide
Key people
  • Tamás Kádár (co-founder, CEO)
  • Bence Jendruszák (co-founder, COO)
  • Shaun Worley (Chief Product Officer)
  • Alan Lipton (CTO)
  • Angela Pierce (CFO)
  • Devlyn Coelho (CMO)
  • Matt DeLauro (President, GTM (Go-To-Market)
Servicesfraud detection and prevention, anti-money laundering, compliance
Number of employees
300+ (2025)
Websitehttp://seon.io

Seon Technologies (styled SEON Technologies and commonly known as SEON) is a fraud prevention and AML compliance company founded in Budapest and based in Austin, Texas[1] with offices in Budapest, London, Singapore, and Jakarta, Indonesia. The company provides fraud detection and anti-money laundering (AML) compliance systems that use artificial intelligence[2] to detect and prevent online fraud and verify customers' identities.

SEON publishes an annual Digital Fraud Outlook Report which surveys financial sector executives on their fraud prevention efforts.[3]

In 2021 SEON received Hungary's largest-ever Series A funding round. After a second funding round in 2022 the company's value surpassed $500 million. CNBC included SEON in its list of the World's Top Fintech Companies in 2025.[4] The company reports it services more than 5,000 organizations[5] and has prevented over $300 billion in losses from fraud for clients.[6] A third funding round in 2025 increased the company's funding total to $187 million.[7]

Founding

CEO Tamás Kádár[3] and COO Bence Jendruszák launched SEON in 2017[8] in Hungary[6] while at university, after finding no adequate fraud prevention solution for their first business, a cryptocurrency exchange.[8]

Growth in early 2020s

In 2021, the company raised €10 million in Hungary's largest-ever Series A funding round,[9] and opened offices in Austin and Jakarta.[10] SEON's fraud prevention app for Shopify merchants[11] also dates from 2021. Deloitte included the company in its "Fast 50 Central Europe" for the year.[12]

In 2022 SEON raised further funding to expand in North America, Latin America, and the Asia-Pacific region.[13] Valued at $500 million,[10] the company became the most well-funded Hungarian startup ever.[1] The Europas Awards named SEON the "hottest cybersecurity startup" for 2022.[14]

In 2023 SEON acquired Complytron, a Hungarian firm specializing in compliance and AML,[14] and SEON's two founders were included in Forbes' 30 Under 30 list for Europe.[15] In 2024 the company's services became more widely available through a partnership with Amazon Web Services.[16]

International and product expansion

In 2025, responding to an increasing client base in the Asia-Pacific region, SEON grew its presence in Indonesia and Singapore.[17] It also announced a partnership with Australian fintech MoneyMe.[18][19]

In 2025, SEON introduced an automated chargeback management system and in May announced a partnership with Chargeflow that integrated chargeback automation into SEON's platform.[20]

In June 2025, SEON introduced an AI-driven AML compliance suite.[21] In September 2025, SEON raised $80 million in a Series C funding round, increasing its total funding to $187 million.[22]

In fall 2025 the company added a suite of further AI capabilities.[23]

References

  1. ↑ 1.0 1.1 Hazel Davis (20 July 2022). "Founder and CEO of Hungary's most-funded tech startup uses ethos of self-reliance and strong partnerships to drive innovation". Business Insider. Retrieved 8 September 2025.
  2. ↑ Teodora Atanasova (17 September 2025). "Budapest-founded SEON Secures Over €67M Series C". The Recursive. Retrieved 19 September 2025.
  3. ↑ 3.0 3.1 "AI and Real-Time Transaction Monitoring: SEON Identifies Keys to Combatting Fraud in 2025". The Fintech Times. 17 March 2025. Retrieved 8 September 2025.
  4. ↑ Ryan Browne (16 July 2025). "THE WORLD'S TOP FINTECH COMPANIES: 2025". CNBC. Retrieved 10 October 2025.
  5. ↑ "SEON Celebrates Becoming World's Fastest Growing Fraud Prevention Company". Financial IT. 14 February 2022. Retrieved 9 September 2025.
  6. ↑ 6.0 6.1 Matthew Busittil (12 July 2025). "Watch: How SEON is building trust and profitability in APAC's iGaming sector". Sigma. Retrieved 10 October 2025.
  7. ↑ "SEON Raises $80 Million to Bolster Fraud Prevention Efforts with AI". New York Stock Exchange. Retrieved 10 October 2025.
  8. ↑ 8.0 8.1 York, Alex (14 November 2023). "The Cofounder of SEON Talks About 'Accidentally' Falling Into The Fraud Protection Space" (video). youtube.com. Forbes.
  9. ↑ Alex Hamilton (19 March 2021). "ICYMI funding round: Fondeadora, SEON, Lendo, Nomanini & more". Fintech Futures. Retrieved 8 September 2025.
  10. ↑ 10.0 10.1 Ryan Browne (19 April 2022). "Fintechs are under pressure to stop Russian sanctions evasion. This start-up raised $94 million to help". CNBC. Retrieved 8 September 2025.
  11. ↑ "SEON". eCommerce Tech. 25 July 2025. Retrieved 10 October 2025.
  12. ↑ Matthew Busuttil (1 January 2022). "SEON Becomes the Quickest Growing Fraud Prevention Company". Startups Magazine. Retrieved 9 September 2025.
  13. ↑ Alex Pugh (19 April 2022). "Anti-fraud platform SEON raises $94m Series B to fuel global expansion". Fintech Futures. Retrieved 8 September 2025.
  14. ↑ 14.0 14.1 Mike Butcher (5 February 2023). "Post Series-B, anti-fraud platform SEON acquires AML startup Complytron for a rumored €2.5M". TechCrunch. Retrieved 8 September 2025.
  15. ↑ "Kijött a Forbes európai 30/30 listája – három magyar is van rajta, köztük fiatal selfmade milliárdossal". Forbes. 3 August 2023. Retrieved 9 September 2025.
  16. ↑ James Thorpe (6 February 2024). "AWS ISV Accelerate Program welcomes fraud prevention company". International Security Journal. Retrieved 7 October 2025.
  17. ↑ Catherine Knowles (30 May 2025). "SEON expands APAC team as demand for fraud tech solutions rises". eCommerceNews. Retrieved 10 October 2025.
  18. ↑ David Braue (28 August 2025). "Why is my bank demanding my passport and licence details?". Information Age. Retrieved 8 September 2025.
  19. ↑ Martin Dale Bolima (21 August 2025). "MoneyMe Selects SEON to Strengthen Fraud Prevention and Credit Decisioning". Cybersecurity Asia. Retrieved 8 September 2025.
  20. ↑ Kevin Woodward (28 May 2025). "Eye on Fraud Prevention: TIS's Fraud Prevention Boost; Chargeflow and Seon's Integration". Digital Transactions. Retrieved 29 September 2025.
  21. ↑ Nurin Sofia (10 June 2025). "SEON unveils AI-powered AML suite to unify fraud and compliance efforts". TechEDT. Retrieved 8 September 2025.
  22. ↑ Tyler Pathe (17 September 2025). "Fraud prevention fintech SEON raises $80m Series C". Fintech Futures. Retrieved 29 September 2025.
  23. ↑ "SEON's AI Breakthrough Reshapes Money Laundering Investigations". FinCrime Central. 24 September 2025. Retrieved 10 October 2025.

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