The Netherlands
Fraudio, founded in 2019, is a Netherlands-based startup innovating within the Big Data, Financial Services, and Payments industries. The company operates under the slogan "Risk intelligence across acquiring and issuing - Fight Fraud Smarter," and it provides a comprehensive solution aimed at helping PSPs, acquirers, and issuers to efficiently manage and mitigate risk throughout the entire payments lifecycle.
Fraudio addresses the challenges of managing fraud, merchant behavior, and compliance by presenting a holistic approach that interconnects signals across acquiring and issuing platforms. This connection allows for earlier fraud detection, minimization of false positives, and compliance with card scheme and regulatory standards. Critical to its offering is an API-driven, 100% SaaS, usage-based platform that identifies patterns otherwise invisible within single portfolios.
The company's most recent investment was a Non Equity Assistance investment from Hackquarters on 16 May 2023. As Fraudio continues to grow, it presents a compelling opportunity for investors interested in cutting-edge financial risk management solutions.
