Vesta

Vesta

Fraud protection and risk management services

About Vesta

Simplify's Rating
Why Vesta is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

201-500

Company Stage

Acquired

Total Funding

$19.5M

Headquarters

Lake Oswego, Oregon

Founded

1993

Overview

Vesta provides fraud protection and risk management services specifically for e-commerce and telecommunications businesses. Their system works by offering real-time decision-making tools that help merchants approve more transactions while reducing the chances of chargebacks and fraud. Unlike many competitors, Vesta operates on a 'no win, no fee' model, meaning clients only pay for successful fraud prevention, which minimizes their financial risk. This unique approach aligns Vesta's success with that of its clients, as the company earns revenue through service fees and transaction-based charges when clients successfully process more approved transactions. Vesta's goal is to expand globally and enhance its product offerings, as evidenced by their recent $125 million investment aimed at supporting this growth.

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Simplify's Take

What believers are saying

  • Vesta secured $125 million from Goldfinch to accelerate global expansion.
  • Growing e-commerce transactions increase demand for Vesta's fraud protection services.
  • 5G expansion boosts telecommunications transactions, enhancing Vesta's market potential.

What critics are saying

  • Emerging fintech startups threaten Vesta's market share with similar services.
  • Rapidly evolving fraud tactics may outpace Vesta's current technology.
  • Increased regulatory scrutiny could raise compliance costs for Vesta.

What makes Vesta unique

  • Vesta offers a 'no win, no fee' model, aligning incentives with clients.
  • The company provides real-time fraud decisioning for e-commerce and telecom merchants.
  • Vesta's global operations enhance its ability to serve diverse client needs.

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Funding

Total Funding

$19.5M

Above

Industry Average

Funded Over

2 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(K) Retirement Plan

401(K) Company Match

Parental Leave

Remote Work Options

Flexible Work Hours

Unlimited Paid Time Off

Phone/Internet Stipend

Wellness Program

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

↓ -6%

1 year growth

↓ -6%

2 year growth

↓ -6%
The Straits Times
Aug 4th, 2020
EDBI invests in fraud protection fintech Vesta

August 04, 2020 10:18 AMSINGAPORE - Fraud-protection fintech Vesta has secured a strategic investment from EDBI, the corporate investment arm of Economic Development Board, to help power its plans for growth in the region.

Finextra
May 29th, 2020
Goldfinch acquires 80% of Vesta for $125 million

Venture capital firm Goldfinch Partners has spent $125 million to acquire an 80% stake in fraud protection and e-commerce payments outfit Vesta.

e27
Feb 26th, 2020
News roundup: Uncharted, Visinema raise Series A investments

Also, fraud detection startup Vesta and AI-powered user retention platform CleverTap welcome new senior hires

e27
Feb 26th, 2020
Morning News Roundup: Uncharted, Visinema raise Series A investments

Also, fraud detection startup Vesta and AI-powered user retention platform CleverTap welcome new senior hires

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