Feedzai, a cloud-based financial risk management platform, announced a $200 million Series D investment round led by KKR, with participation from existing investors Sapphire Ventures and Citi Ventures.

Feedzai's platform is used by the world's leading financial institutions, payment providers, and merchants to manage the risk of financial crime while enabling an optimized experience for end-users. The core of Feedzai's offering is its artificial intelligence and machine learning platform, which processes customer and third-party data to identify, assess, and accelerate the remediation of potential threats.