Feedzai, the world’s leading cloud-based financial risk management platform, announced a $200 million Series D investment round led by leading global investment firm KKR, that gives the Silicon Valley startup a valuation topping $1 billion.

The new investment will be used to accelerate the company’s global expansion, further develop its product offerings, and boost its partner strategy to strengthen its position as one of the most comprehensive financial crime prevention and risk management solutions in the market.