The move is aimed at bolstering its value-added solutions and helping merchants globally combat the acceleration of fraud activity. Credit: David MG/ Shutterstock.

Paytech firm Worldpay has agreed to acquire UK-based AI-native fraud prevention platform Ravelin. 

Financial aspects of the deal remain undisclosed.  

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The move is aimed at bolstering its value-added solutions and helping merchants globally combat the acceleration of fraud activity.  

It is expected to complement Worldpay’s existing portfolio, offering enhanced protection for businesses against various types of fraud, including payment fraud and account takeovers. 

Set up in 2015, Ravelin is known for developing fraud prediction and prevention solutions tailored for e-commerce merchants.  

The company’s expertise includes tackling return and refund abuse, promotion and voucher abuse, marketplace fraud, and implementing 3D Secure authentication. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The integration of Ravelin’s cloud-based AI platform with Worldpay’s services is anticipated to enhance fraud protection and improves authorisation rates for customers.  

This acquisition is slated for completion in the first quarter of 2025. 

KeyBanc Capital Markets was the financial advisor to Ravelin for the transaction, while Wells Fargo and Citi advised Worldpay.  

Worldpay CEO Charles Drucker said:  “Our acquisition of Ravelin aligns with our strategy to invest in innovation and AI technology, enhancing the value we provide customers and accelerating our e-commerce growth.  

“We look forward to partnering with Ravelin’s leadership and their talented team to help our customers address their most complex challenges.” 

Ravelin co-founder and CEO Martin Sweeney said:  “Worldpay’s scale and reach, including processing approximately $2.5 trillion in payments volume and more than 50 billion transactions in 2024, will be an immense asset as we accelerate Ravelin’s momentum and advance our mission to eradicate fraud from the internet.  

“Together, we will be able to deliver innovation at scale, driving the adoption of our industry-leading fraud solutions to customers as they respond to increasingly sophisticated threats and rising fraud-related costs.” 

This development follows last month’s announcement of Worldpay subsidiary Link2Gov’s selection by the US Internal Revenue Service (IRS) as an authorised digital payments provider.