Brazilian cryptocurrency anti-fraud company Vaas has raised approximately $370 million in a seed funding round led by Headline Asia, with participation from ABSeed Ventures and Honey Island Capital. The funding will be used to expand Vaas's sales department and accelerate the development of AI-driven anti-fraud solutions. Vaas specializes in using artificial intelligence to analyze cryptocurrency transactions and detect fraudulent activities, including Pix-related scams. This follows a previous pre-seed round in October 2023, where Vaas secured $2 million led by ABSeed.
Vaas Secures $370 Million in Seed Funding to Enhance Anti-Fraud Solutions
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