Hamburg, Germany
Risk42 emerged as a prominent player in the domain of risk management for E-Commerce and Financial Services sectors, positioning itself effectively within a short timeframe since its founding in 2018. Headquartered in Germany, the company established a reputation for offering a sophisticated risk management platform tailored for industries like Big Data, Payments, and banking.
The platform's core strength lay in its ability to perform comprehensive risk assessments on payment transactions as well as conduct risk-based evaluations of account openings and credit applications. This unique offering made Risk42 an attractive acquisition target, culminating in its sale to @Unzer in April 2020.
Risk42 drew interest from prominent supports, receiving its last backing in the form of a grant investment from the European Data Incubator on September 4, 2019. This endorsement underscores the innovative approach and trust the company garnered within the investment community prior to its strategic acquisition.
