PRDSY - Online fraud prevention company Riskified files for IPO in the U.S.

putilich/iStock via Getty Images Riskified, an online fraud prevention firm, filed for an initial public offering in the U.S. Riskified didn't disclose the number of shares or potential target price in its F-1 filing. The company's principal shareholders include Fidelity Management and General Atlantic. Riskified, based in Tel Aviv, was started by CEO Eido Gal and Assaf Feldman in 2013 to solve online payment fraud, according to the filing. Riskified's revenue for the year ended Dec. 31, 2020 rose 30% to $169.7M The company plans to list its shares on the NYSE under the ticker "RSKD." Bloomberg reported in early May that Riskified was exploring a potential IPO. Riskified announced in November 2019 a Series E funding round of $165M, led by investor General Atlantic, at a valuation of more than $1B. Riskified's customers include Wish, Wayfair (W), Prada (PRDSY), Ticketmaster, Finish Line and others, accoding to the company's website.

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Online fraud prevention company Riskified files for IPO in the U.S.