Easy Solutions Gets $11M in Funding From Medina Capital

Easy Solutions, a provider of fraud protection solutions based in South Florida, recently announced that it has received $11 million in Series B funding from Medina Capital, an equity investment firm that funds projects in the IT sector. The funds will be used for the rapid expansion of sales and marketing in the U.S. and other regions of the world with the goal of satisfying the growing demand of Easy Solutions' “Total Fraud Protection” product portfolio.

“Over 100 financial institutions, corporations, and e-commerce outlets trust Easy Solutions' platform to protect more than 32 million end users around the world,” said Ricardo Villadiego, founder and CEO of Easy Solutions. “The complete offer of products and solutions from Easy Solutions distributes protection on many levels and shields transactional environments against online fraud.”

“On the Internet, fraud is a growing occupation, and sophisticated attacks are more difficult to detect and block every time they occur,” said Manuel D. Medina, founder and managing partner of Medina Capital. “Easy Solutions counts on a proven scalable multi-level protection strategy that allows its clients to prevent both simple and complex fraud attempts. Its clients, including large banks we have spoken to, have seen a significant decrease in losses related to fraud as a result of the implementation of Easy Solutions' platform.”

Easy Solutions' products offers protection against fraud through multiple transactional channels, including those from online and mobile platforms, as well as POS terminals, automatic tellers (ATMs), and interactive voice response (IVR) systems. “The capacity to quantify risk and prevent fraud in real time through different channels is ever more important since criminals are now using multiple channels to pull through with sophisticated fraud schemes,” said Villadiego.