Fero Payment Science
Latest round
- Seed
Last raised
- Nov 2023
Total raised
- $3M
Investors
- 3
About Fero Payment Science
Based in Amsterdam, Netherlands, and founded in 2023 by co-founders Craig Savage and Maximilian van Boxel, Fero Payment Science provides a real-time payment solution that designed to increase conversions by recognizing the preferences of each customer and tailoring their checkout experience accordingly to reducing fraud and eliminating false positives. Fero offers a solution that analyses each shopper behaviour, and activity to estimate the chance of purchase completion. By implementing segmentation, multi-classification prediction, and reinforcement learning sequentially, it can identify a shopper's preferred purchases and provide the best possible payment experience. The company's AI engine also optimizes payment methods, strategically offering more expensive options for certain transactions and more affordable choices for others, effectively reducing payment costs while maintaining a positive impact on conversion rates.
Who invested in Fero Payment Science
3 investors across 1 round
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Funding rounds
Seed
Nov 2, 2023
Amount
$3M
Investors
Questions about Fero Payment Science
Who invested in Fero Payment Science?
Fero Payment Science has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fero Payment Science raised?
Fero Payment Science has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Fero Payment Science last raise money?
Fero Payment Science's most recent round on record is a Seed, in Nov 2023.
What does Fero Payment Science do?
Based in Amsterdam, Netherlands, and founded in 2023 by co-founders Craig Savage and Maximilian van Boxel, Fero Payment Science provides a real-time payment solution that designed to increase conversions by recognizing the preferences of each customer and tailoring their checkout experience accordingly to reducing fraud and eliminating false positives.
Where is Fero Payment Science headquartered?
Fero Payment Science is headquartered in Amsterdam, Netherlands.
Which VCs invest in companies like Fero Payment Science?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Fero Payment Science's stage. Their profiles are linked below.
VCs backing software startups at Seed
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