Vesta delivers transaction-guarantee and fraud-prevention technology for online and card-not-present payments, operating across more than 40 countries and processing over 100 million transactions annually. The company has been active in digital fraud prevention for nearly three decades. Vesta’s core product set focuses on real-time risk decisioning and guaranteed transactions to reduce chargebacks and fraud loss. Recent activity centers on expanding secure, seamless payments for digital commerce and the creator economy. As part of the new strategic investment, Vesta and its investor partner plan to develop joint solutions aimed at de-risking digital transactions. The company’s investor history includes Goldfinch Partners, which acquired Vesta in 2020. Vesta provides a transaction guarantee platform for online purchases, improving approval rates and customer experience while eliminating fraud for brands in telco, ecommerce, travel, and financial services. The platform uses data science and machine learning backed by 26 years of experience to increase completion of legitimate sales and eliminate chargebacks and other forms of digital fraud in real time. Vesta delivers liability-free transaction and revenue protection, allowing merchants to focus on growing their business. The company is led by CEO Ron Hynes and serves customers around the world. Headquartered in Portland, OR, Vesta also maintains offices in Atlanta, Miami, Ireland, Mexico, and Singapore. The company recently secured additional capital to support growth. Vesta offers a zero-risk, zero-liability payment guarantee and a real-time decisioning platform that uses data science and machine learning with more than 25 years of intelligence to assess online transaction fraud risk. The company enables merchants and telcos to increase approved legitimate transactions and revenue via integrations with shopping-cart plug-ins including Magento, Shopify, Salesforce, WooCommerce, BigCommerce and SAP Commerce Cloud. Vesta serves partners in telecommunications, e-commerce, payment processors and acquirers and processes and protects billions of dollars in transactions annually. Leadership recently refocused the company on product development, market expansion and technology enhancements under CEO Ron Hynes. Vesta has continued to expand globally, opening a Singapore operation that will serve as its Asia hub. The company plans to use new capital to accelerate growth and continue global deployment of its fraud protection and e-commerce payment solutions.

Total raised

$150M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jan 2023