Fraud and dispute management provider Quavo secures $300 million investment from Spectrum Equity, with FINTOP Capital selling its stake. The company processes over 12.5 million customer disputes annually for various financial institutions and has experienced significant revenue growth.

Quavo’s capital infusion follows previous funding rounds and will be used to accelerate product development and expand client success teams. The company leverages AI to address rising fraud threats and has automated a significant portion of the dispute resolution process, benefiting clients with improved outcomes.

Quavo’s technology automates tasks in the dispute process, recapturing potentially lost funds and improving outcomes for clients. The company aims to simplify fraud and disputes, with AI-powered initiatives to enhance detection, streamline processes, and automate tasks, providing better outcomes for financial institutions.

Quavo partners with Spectrum Equity to drive growth and expand its capabilities in fraud and dispute management. The company’s advanced AI technology aims to restore financial trust and simplify dispute resolution processes for clients, ultimately achieving greater scale and efficiency.

Read more at Yahoo Finance: Quavo’s AI-Powered Platform Grabs $300M To Combat Mounting Financial Fraud