SEON, a global fraud prevention company, has successfully raised $80 million in a Series C funding round led by Sixth Street Growth. The round also saw participation from IVP, Creandum, Firebolt, and Hearst, bringing SEON's total funding to $187 million. The company plans to use the new capital to expand its operations in the Asia-Pacific and Latin American markets and enhance its regional predictive models. SEON provides real-time fraud detection services to digital businesses, including Revolut, Plaid, and Nubank. The company reports significant improvements in fraud prevention, with a 90% reduction in fraudulent account creation, an 80% increase in transaction monitoring accuracy, and a 75% reduction in manual reviews. Michael Bauer, Managing Director of Sixth Street Growth, will join SEON's board of directors as part of the investment.