Legiti

Legiti is a Latin American anti-fraud platform that focuses on combating the prevalent issue of credit card fraud in e-commerce. The company's slogan, "Stealing is bullshit," succinctly communicates its mission. As of their last investment round on 25 January 2022, Legiti secured a substantial BRL42.00M Venture Round investment from prominent investors including Global Founders Capital, Picus Capital, Iporanga Ventures, and Kaszek Ventures. Founded in 2019 and headquartered in Brazil, Legiti addresses a critical concern in the e-commerce industry - the lack of effective means for businesses in Latin America to assess and prevent credit card fraud, jeopardizing both their revenues and expansion prospects. With an alarming projection that retailers worldwide will lose USD$130 billion to online credit card fraud by 2023, Legiti endeavors to safeguard businesses from such monetary setbacks and enable the growth of new ventures in the region.