Digital fraud detection startup BioCatch hits $1.3B valuation as Permira buys majority stake

Permira has acquired a majority stake in behavioral biometrics fraud-detection firm BioCatch via a secondary transaction valuing the company at $1.3B, with some existing investors increasing their stakes and others selling. The article situates the deal alongside other recent cybersecurity and tech transactions (e.g., Thoma Bravo’s plan to buy Darktrace, Zendesk’s take-private, and Mimecast), and notes Permira’s intent to drive BioCatch’s growth and European expansion within the broader online fraud detection and cybersecurity markets.