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Fraugster
Payments intelligence company for the e-commerce ecosystem
- 21-100 employees
- Fintech
- B2B
- Artificial Intelligence
- Analytics
- Cyber Security
- eCommerce
- Kreuzberg, Berlin, Germany
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Company mission
Helping the e-commerce ecosystem to minimise fraud and maximise revenue by making smarter real-time business decisions.
Our take
Online marketplaces facilitate the sale of trillions of dollars in gross merchandise. With increased sales comes increasing challenges in fraud.
In an attempt to address this massive loss, Fraugster seeks to minimise fraud and maximise revenue by making smarter real-time business decisions. The AI fraud prevention solution provides access to a range of products through a single integration to protect against AML and fincrime, and overall fraud monitoring.
Fraugster has developed highly regarded and highly accurate fraud prevention solutions, and is backed by leading deeptech investors Earlybird, Speedinvest, CommerzVentures and Munich Re Ventures.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Relocation and Visa support
- A safe and open space to follow your individual growth objectives, remote-work opportunities as well as full support for family/private situations through flexible parental & compassionate leave policies
- A Learning & Development culture that includes an educational budget also during the probation period
- Competitive remuneration including virtual company shares
- Regular feedback workshops and monthly events on topics related to Diversity & Belonging
- Free German classes (A1, A2, B1, B2)
- Yoga & Meditation Classes
Funding (2 rounds)
Nov 2018
$12.9m
SERIES B
Oct 2016
$3.8m
SERIES A
Total funding: $16.7m
This company has top investors
Leadership
Max Laemmle
(Executive Chairman)Co-founded Fraugster in 2014 after realising the massive value loss attributable to fraud when he co-founded SumUp and Better Payment (a payment gateway).
Chen Zamir
(CTO)Over a decade of experience in risk management, analytics and military intelligence.