Memcyco, a fintech focused on fraud protection, has raised $37 million in fresh funding to expand its suite of anti-fraud tools. The capital will support further product development and help the company scale its solutions as fraud threats in digital financial services become more sophisticated. This round highlights the escalating demand for advanced fraud-detection mechanisms across fintech and broader financial markets.
Fraud Protection FinTech Memcyco Bags $37M Funding