Garrigues has helped Feedzai get a $75 million investment, which doubled the company's value to $2 billion. This is a big achievement for Feedzai, a Portuguese company that uses AI and fintech.
The investment included new investors like Lince Capital, Iberis Capital and Explorer Investments, as well as existing investors Oxy Capital and Buenavista Equity Partners who are investing again.
Garrigues said, “This deal shows we are a top firm for handling complicated international deals in technology and finance.”
The legal team was led by partner Mário Lino Dias, with help from senior associates José de Seabra Marcão and Inês Freire de Andrade.
This funding follows Feedzai's recent April purchase of Demyst, which was also handled by the same Garrigues team.
This move helps Feedzai grow its presence worldwide in managing financial risks and stopping financial crimes.