Tuhk, a fintech startup founded by Ethoca and NuData Security veterans, has raised a $6M seed round to commercialize a collaborative, real-time data platform that addresses fraud by breaking down information silos across merchants, banks, and service providers. Strategically, the company positions fraud prevention as a network problem, where shared intelligence improves approvals, reduces chargebacks, and lowers dispute costs, rather than a firm-by-firm defensive function. Backing from major banks and fintech investors signals confidence that ecosystem-level collaboration can become core infrastructure in payments as fraud scales alongside digital commerce.
Canadian Fintech Tuhk Inc., Raises US$6 Million Seed Round Led by FINTOP, with Lloyds Banking Group and Capital One Ventures
