Ravelin Technology Limited

Ravelin Technology Limited, based in the UK, specializes in advanced anti-fraud and payment solutions, empowering online merchants with tools to enhance security and minimize fraud risks effectively. Founded in 2014 and headquartered in London, UK, Ravelin Technology Limited offers automated fraud detection solutions for online merchants. The company was established by Leonard Austin, Mairtin O'Riada, and Nick Lally. With a total of 6 deals, Ravelin's most recent funding round was a Series C, which raised GBP 16.

40 mn led by Molten Ventures. This funding round brought the total amount raised by Ravelin to GBP 16. 40 mn and valued the company at GBP 97. 84 mn.

Ravelin Technology specializes in innovative anti-fraud and payment solutions tailored for online merchants. Their core offerings include automated risk decisioning tools designed to enhance payment security while reducing chargebacks and fraud. Ravelin's services also cover account security, refund abuse protection, and prevention of promotional abuse, which collectively aim to optimize the customer journey and increase transaction acceptance rates. Their technology utilizes custom machine learning models and a consortium database of over 9 billion identity elements to improve fraud detection and prevention effectively.

The company's products serve a diverse client base, including retailers and marketplaces located in regions such as North America, Europe, and parts of Asia, where the demand for secure online transactions continues to grow. In 2024, Ravelin Technology reported a revenue of GBP 22. 63 mn, with an EBITDA loss of GBP 7. 84 mn for the same year.

The company generates revenue through subscription-based partnerships with businesses that utilize their suite of fraud prevention and payment processing services, including tailored machine learning models and extensive fraud prevention tools. Ravelin Technology is poised for growth, with plans for significant expansion following their recent Series C funding round. In February 2025, WorldPay, LLC, a portfolio company of Vantiv and GTCR, agreed to acquire Ravelin Technology Limited, a move aimed at enhancing WorldPay's solution offerings and accelerating its growth. This acquisition is expected to propel Ravelin into new markets, strengthening its presence in North America and expanding its reach into emerging markets.

The rationale for this acquisition underscores the strategic intent to leverage Ravelin's advanced technological capabilities to enhance service offerings.