SEON Fraud Prevention & AML Platform

SEON is a fraud prevention and anti-money laundering company founded in January 2017 by Tamas Kadar and Bence Jendruszak, with its registered seat in Budapest, Hungary. It helps banks, fintechs, payment firms and online merchants detect fraud and meet AML obligations without stitching together many separate vendors.

The platform combines digital footprint lookups, device intelligence and behavioural biometrics with more than 1,100 first-party data signals and machine learning risk scoring. Identity modules add document verification, liveness and address checks, while the AML suite covers customer and payment screening, transaction monitoring, case management and AI-assisted drafting of suspicious activity reports. It is delivered through an API-first model to customers such as Revolut, Plaid, BNP Paribas, OTP Bank and VPBank.

• Digital footprint: Enriches emails and phone numbers with social and online presence signals.
• Device intelligence: Fingerprints devices and detects emulators, bots and AI agents.
• Identity verification: Checks documents, liveness and addresses within configurable workflows.
• AML screening: Screens customers and payments against sanctions, PEP and adverse media lists.
• Transaction monitoring: Flags suspicious activity with rules and machine learning models.
• AI investigations: Assists analysts and drafts SAR and STR reports in case management.

A Vietnamese digital bank can score new account sign-ups using device and email signals before running eKYC. A payment intermediary can screen merchants and transfers against sanctions lists and monitor transactions for AML reporting. An e-commerce platform can block promotion abuse and account takeover at checkout.

SEON reports an average of 14 days from implementation to impact and says its AI tools can cut manual review time by up to 50%. Fraud and AML teams work from one data layer and one case management view instead of separate tools. Customer stories on the site include a 15% reduction in manual review time at Bilt and 5% growth in loan approvals at tbi Bank.

Fraud and money laundering teams are converging as regulators expect a single view of customer risk, while AI-generated identities and bots make onboarding attacks cheaper. In Southeast Asia, fast growth of digital wallets, instant payments and online lending is pushing banks and fintechs toward real-time, data-rich risk platforms.

Founded in January 2017; registered seat in Budapest, Hungary, with offices in Austin, London, Budapest and Jakarta, and a Singapore office opened in May 2025. Series A (2021, Creandum), Series B (2022, IVP) and an 80 million USD Series C in September 2025 led by Sixth Street. Team of 400+. Displays ISO 27001, SOC 2, PCI DSS, GDPR and CCPA badges.