24
Tue, Dec
91 New Articles

Taylor Wessing Advises Seon on USD 94 Million Series B

Taylor Wessing Advises Seon on USD 94 Million Series B

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Taylor Wessing has advised Seon on its recent USD 94 million series B funding round led by Silicon Valley-based IVP and including existing investors Creandum and PortfoLion. Reportedly, Wilson Sonsini Goodrich & Rosati advised Seon as well.

Seon is a London-based Anglo-Hungarian online fraud prevention system for fintech companies. Its clients include, among others, Revolut, NuBank, Afterpay, Patreon, and Sorare.

According to Taylor Wessing, the round also included angel investors, including “founders and senior executives from product-led tech companies Aiven, Coinbase, DataDog, DoorDash, Figma, G2, GitHub, Public, Slack, Supercell, UiPath, Veriff, and Wise ... The funding will be used to expand Seon's geographic presence in North America, Latin America, and Asia as well as focusing on key partnerships with leading e-commerce platforms, product development, and integrating new data sources to best fight online fraud.”

Taylor Wessing’s team included Partners Ian Moore and Helen Farr, Senior Associate Simon Jupp, and Associate Baharak Zargarei.

Taylor Wessing did not reply to our inquiry on the matter.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

Our Latest Issue