Simility

Simility

Helps companies prevent fraud and abuse in real time with machine learning, big data analytics and data visualization capabilities.

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$120m

Valuation: $120m

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Total Funding000k
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Simility, a PayPal service, operates in the fraud prevention and risk management market, providing an Adaptive Decisioning Platform that leverages advanced machine learning to help businesses dynamically combat fraud. The platform customizes fraud prevention strategies to meet the unique needs of each business, ensuring a streamlined experience for legitimate customers while adding necessary layers of protection against fraudulent activities. Simility primarily serves merchants and global businesses, offering them a robust solution to stay ahead of evolving fraud tactics. The company generates revenue through a subscription-based model, where clients pay for access to the platform and its various features. By integrating with PayPal's vast network of global intelligence, Simility enhances its fraud detection capabilities, providing a comprehensive solution that improves customer trust and security.

Keywords: Adaptive Decisioning, Machine Learning, Fraud Prevention, Risk Management, PayPal Integration, Merchant Services, Global Intelligence, Customer Trust, Subscription Model, Dynamic Protection.

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