Tuhk Raises $6M Seed To Fight Fraud

Toronto-based fintech Tuhk raised $6 million USD in an all-equity seed round closed Dec. 3 as it plans a wider launch in Canada, the United States and the United Kingdom next year. Led by FINTOP with participation from Lloyds Banking Group and Capital One Ventures, Tuhk unites siloed payment data into a single intelligence network to detect fraud proactively and will use the capital to accelerate product development and hires.
Key Points
- 1Raises $6 million seed funding closed Dec. 3, led by FINTOP with Lloyds and Capital One.
- 2Unites siloed payment and transaction data into a single intelligence network for proactive fraud detection.
- 3Enables banks, merchants, and payment providers to reduce fraud losses and speed dispute resolution.
Scoring Rationale
Official seed funding and strategic banking partners drive relevance, but early-stage product details and narrow vertical focus limit broader impact.
Sources
Public references used for this report.
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