million financing is already Fraugster – a new anti-fraud software that rocks
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EXCLUSIVE the young company Fraugster flies hitherto completely under the radar. It solves the shy start-up, the public does not even want to appear, an extremely important problem. Fraugster positioning itself as anti-fraud software with real-time big data solution in position and wants to e-commerce companies worldwide help to detect fraudulent transactions – even before they ever happen. It is thus a multi-billion market.
“Our goal at Fraugster is to build the most precise anti-fraud software in the world and become the market leader. We’re operating in a $ 100bn + market, helping our clients to grow Their business while keeping them safe from fraud using our proprietary real-time big data technology combined with state-of-the-art machine learning methodologies. We’re already working with some of the most wellknown payment and eCommerce companies in the world. The whole leadership team has a strong risk and payment background, we were Involved in PayPal, Wonga and SUMUP. top-tier To reach our goals, Fraugster is backed by investors, “it says in Job of the company.
As can be heard from the area of start-ups, already a seven-figure flowed into the company. Among other invested Click & amp; Buy-maker Charles Fränkl in Fraugster. In addition to be a classical investor and a Swiss Family Office at Fraugster aboard. Founder of the German-Israeli company, which resides inter alia in Berlin, are Max Laemmle, formerly Better Payment and SUMUP, and Chen Zamir, formerly with PayPal on the go. Previously, he worked also as “Intelligence Officer” in the IDF. In Fraugster-founding team several years payment experience thus come together. Total already working more than 15 employees for Fraugster. Currently, Fraugster is still officially in the “private beta” phase. First companies like Visa use the anti-fraud software but already
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Alexander Hüsing
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Alexander Hüsing, editor of deutsche-startups.de, has worked since 1996 as a journalist. During the New Economy boom, he volunteered at industry service kressreport. Even at this time he focused on young, emerging Internet startups. In 2007 he launched deutsche-startups.de.
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