Bence Jendruszak On Raising $100 Million To Build A Fraud Prevention And Anti-Money Laundering (AML) Platform
Update: 2024-09-27
Description
In a candid and insightful conversation, Bence Jendruszak, co-founder of a leading fraud prevention company, shared his entrepreneurial journey, offering a blueprint for aspiring founders on scaling a global business, leadership growth, and staying ahead of market trends.
Bence talks about how Seon has offices in four locations worldwide with over 270 employees. It has raised $100M from top-tier investors like Creandum, IVP, Fielder Capital, and PortfoLion Capital Partners.
In this episode, you will learn:
- Bence Jendruszak’s global upbringing instilled adaptability, a critical skill that shaped his entrepreneurial journey and business expansion into the U.S.
- His interest in engineering and logical reasoning inspired him to study economics and later enter the world of cryptocurrency.
- Pivoting from a crypto exchange to fraud prevention, Bence and his team founded Seon to combat online fraud with innovative tools.
- Expanding Seon into the U.S. market required relocating and rethinking the initial approach to achieve growth.
- Scaling from 30 to 300 employees presented challenges, highlighting the importance of structure, process, and experienced leadership.
- Letting go of ego and recognizing when to bring in new leadership was essential to Seon’s continued success.
- Seon’s focus on solving fraud issues has led to impressive growth, raising over $100M and aiming to take the business public.
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