Worldpay Acquires Ravelin, Enhancing Fraud Prevention Capabilities

Worldpay, a global leader in payments technology, has announced its definitive agreement to acquire Ravelin, an AI-native fraud prevention platform headquartered in London, UK. Through this acquisition, Worldpay aims to bolster its portfolio of value-added solutions and empower merchants to combat rising fraud activities.

Ravelin, established in 2015, specializes in next-generation fraud prediction and prevention solutions for e-commerce merchants. Its cloud-based AI platform will enable Worldpay to offer leading-edge technology to enhance authorization rates. 

The transaction is anticipated to be finalized in Q1 2025. Worldpay processes over 50 billion transactions annually across 146 countries and 135 currencies, while Ravelin is known for its expertise in fraud detection and prevention, supporting businesses in a complex digital landscape.

To read more about the aquisition click here.