Clearsale Acquires Software Development Organization Beta Learning
01/19/22, 12:14 PM
Location
miami
Industry
commerce and shopping
Global ecommerce fraud protection leader ClearSale (www.clear.sale) has acquired innovative software company Beta Learning Consultoria e Desenvolvimento de Software LTDA (“Beta Learning”) for an initial investment of R$40.1 million, or approximately USD $7M USD, and two more installments of approximately USD $2.25 million, contingent and variable based on the company's performance in the following 24 months.
Company Info
Location
Miami, Florida, United States
Company info
ClearSale (B3: CLSA3) offers the most complete ecommerce fraud protection, combining cutting-edge statistical technology with the world’s largest team of specialized fraud analysts for a balanced, comprehensive, real-world approach. Trusted by over 4,000 customers worldwide and touting a 99% retention rate, ClearSale is the first company to offer chargeback guarantees and the largest company focused on global card-not-present fraud prevention. ClearSale helps businesses prevent fraudulent chargebacks without interfering with the online shopping experience. As a result, clients can sell more, safely, even in dynamic or challenging international markets.