Tuhk Inc., a fintech startup founded by alumni of Ethoca and NuData Security, has closed a US$6 million seed round led by FINTOP Capital with participation from Lloyds Banking Group and Capital One Ventures. The funding will fuel the upcoming launch of Tuhk’s distributed real-time collaboration platform that unites merchants, banks, and service providers to proactively stop fraud, boost legitimate transaction approvals, slash chargebacks, and simplify dispute resolution.
Today’s fraud landscape is increasingly sophisticated, with siloed data leaving merchants and issuers fighting the same threats in isolation. Tuhk’s platform breaks down those walls by creating a secure, permissioned intelligence networks that allow real-time collaboration without exposing sensitive customer information.
The result: threats are identified and neutralized earlier, genuine transactions sail through with higher approval rates, disputes are resolved faster, and overall friction for legitimate customers drops dramatically.
"This funding round represents an important milestone for Tuhk, and we are grateful for the support from partners like Lloyds Banking Group, Capital One Ventures, and FINTOP," said Andre Edelbrock, Tuhk Co-Founder and CEO. "Their investment reflects shared confidence in our approach and provides valuable strategic guidance as we advance our work together."
"Collaboration is the only way we combat the increasing global threat of fraud and stop it from happening in the first place," said Liz Ziegler, Fraud Prevention Director at Lloyds Banking Group.
Nathan Krishnamurthy, partner at Capital One Ventures, added, "Tuhk has a bold vision to redefine fraud prevention through collaboration. It unlocks a powerful multiplier to help prevent credit card fraud and disputes, by connecting signal data for scaled impact across the payments landscape."
With the new capital, Tuhk will accelerate product development, deepen integrations with existing financial systems, and execute its go-to-market strategy starting in the UK, US, and Canada before rapid global expansion.
Backed by strategic investors who collectively manage tens of billions in payments volume, Tuhk is positioned to become the de-facto collaboration layer that finally moves the industry from reactive fraud management to true proactive defense.
Tuhk (pronounced 'tuck') is the pioneering real-time data collaboration platform redefining fraud prevention and payments efficiency for merchants, banks, and service providers worldwide. Founded in 2025 by veterans from Ethoca and NuData Security, Tuhk transforms siloed data into a unified intelligence network, enabling proactive threat detection, elevated transaction approvals, and seamless resolutions — all while scaling secure, frictionless commerce against the $10.5 trillion cybercrime crisis.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.