Business
Canadian Fintech Tuhk Inc., Founded by Ethoca and NuData Security Veterans, Raises US$6 Million Seed Round Led by FINTOP, with Lloyds Banking Group and Capital One Ventures
Tuhk Inc., a fintech startup founded by Ethoca and NuData Security veterans, secured US$6 million in seed funding led by FINTOP, with participation from Lloyds Banking Group and Capital One Ventures. The platform aims to revolutionize payments by enabling secure, real-time collaboration among merchants, banks, and service providers to combat the global US$10.5 trillion cybercrime threat.
About this update from Lloyds Banking Group Plc
[{"type":"text","content":"TORONTO, CANADA, Dec. 8, 2025 /CNW/ - Tuhk Inc., a fintech startup founded by Ethoca and NuData Security veterans, secured US$6 million in seed funding led by FINTOP, with participation from Lloyds Banking Group and Capital One Ventures. The platform aims to revolutionize payments by enabling secure, real-time collaboration among merchants, banks, and service providers to combat the global US$10.5 trillion cybercrime threat.","length":428,"tagName":"p"},{"type":"image","alt":"Tuhk Inc. logo (CNW Group/Tuhk Inc.)","displaySize":"","headline":null,"caption":"Tuhk Inc. logo (CNW Group/Tuhk Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":240,"url":"https://media.zenfs.com/en/cnwgroup.com/e76918545b6b5beae7102f55dbe3b02d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZoxN.YqPZwAr8e_3DjE9sw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQyMztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/e76918545b6b5beae7102f55dbe3b02d","width":400,"height":240}},"href":"https://mma.prnewswire.com/media/2835679/Tuhk_Inc__Canadian_Fintech_Tuhk_Inc___Founded_by_Ethoca_and_NuDa.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Tuhk's distributed platform transforms fragmented data into a cohesive intelligence network, designed to proactively neutralize fraud, maximise transaction approvals, reduce chargebacks, and streamline dispute resolution – all of which supports better service for genuine customers. The funding will be used to supercharge Tuhk's imminent launch in the UK, US, and Canada alongside major banks and merchants, delivering rapid validation through real-world deployments that showcase its fraud-fighting prowess against first-party fraud and misuse. Tuhk's go-to-market strategy will expand globally, deepening integrations with financial systems to enhance risk decisioning and customer experiences while fortifying the ecosystem against emerging threats.","length":765,"tagName":"p"},{"type":"text","content":""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 toge...