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Analytics Co RELX Buys Anti-Fraud Startup Emailage For $480M

PYMNTS

RELX will acquire Arizona-based Emailage for $480 million in the former’s push to establish a footprint in the fraud prevention market, according to Financial Times (FT). In addition, RELX made pre-tax profits of £2.15 billion in 2018. It plans to release more recent numbers soon.

Analytics 136
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. Fraud solutions based on email addresses. HQ: Phoenix, Arizona. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Alt-lender to students. Source: FT Partners. Investing tools.

Company 12
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X-Border Sales Dream Team?

PYMNTS

The solution helps merchants make the most of cross-border opportunities – enabling payments for goods purchased, while staying on the right side of fraud, risk, tax and regulatory and legal compliance. And they verify that the orders are not fraud,” he said.