# Meysey Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meysey-technology

- Industry: Software
- Headquarters: Swindon, UK
- Website: www.meysey.co.uk/
- Total disclosed funding: $0.3M
- Latest round: Seed (Mar 27, 2024)
- Investors on record: 1

## About

Founded in 2023 and based in Swindon, UK, Meysey Technology Limited operates as a financial technology company that offers artificial intelligence-based fraud detection and prevention technology for small and medium enterprises. In March 2024, Meysey Technology Limited raised GBP 0.25 million in seed funding led by QVentures. As of 2024, the company is led by its CEO, Oliver C.

The company provides its primary product, which is an AI fraud protection platform designed to identify and mitigate various forms of fraud that affect SMEs. The firm’s platform integrates into existing accounting tools, such as Xero, SAP, Salesforce, Sage, and others, providing essential checks on invoices, transactions, and payroll systems to uncover discrepancies and anomalous activities. Meysey utilizes advanced algorithms to analyze historic transaction trends and perform real-time checks on incoming invoices. The platform also offers automated validation within payroll systems to detect fake employees, duplicated bank accounts, and irregular payment trends. In addition, the firm conducts automated vetting of new and existing customers, historical fraudulent activities, negative press coverage, and customer reviews to ensure the integrity of a company's commercial ecosystem.

The organization plans to use the March 2024 funding to develop AI-powered fraud protection software for small and medium-sized enterprises (SMEs).

## Funding rounds

- Seed, Mar 27, 2024, $0.3M — QVentures

## Investors

- QVentures (https://capitalatlas.ai/funds/qventures) — Seed