69 Best Fraud Detection Startups to Watch in 2024

Block is a technology company that has developed solutions to develop an integrated ecosystem of commerce solutions, business software, and banking services for sellers. It was founded as Square in 2009 and is located in San Francisco, California.

Total Raised: $3440.50M

Last Funding: $150.00M (Series E)

Quantexa is a company that enables institutions to make better decisions using their data.

Total Raised: $370.00M

Last Funding: $153.00M (Series C)

Trulioo is a Vancouver-based company offering an electronic identity verification platform.

Total Raised: $465.96M

Last Funding: $52.49M (Seed)

Fourthline, founded in 2017 by Krik Gunning and Chris van Straeten, provides an artificial intelligence (AI)-based compliance and know your customer (KYC) platform for financial technology companies.

Total Raised: $72.99M

Last Funding: $15.68M (Series A)

Scytl develops secure electronic voting and electoral modernization solutions for the public and private sectors.

Total Raised: $67.81M

Last Funding: $5.61M (Unknown)

A company offering anti-money laundering, fraud, and compliance services.

Total Raised: $24.00M

Last Funding: $10.00M (Series C)

Reusable cup deposit system provider for sustainable events.

Total Raised: $0.38M

Last Funding: $0.38M (Seed)

Friss is a company that develops fraud detection and risk assessment software for P&C Insurance companies.

Total Raised: $65.00M

Last Funding: $0.00M (Unknown)

ComplyAdvantage is a company developing machine learning and big data based financial crime fighting software.

Total Raised: $50.00M

Last Funding: $20.00M (Series C)

4Paradigm is a China-based artificial intelligence start-up company developing machine learning software.

KnowBe4 is a Clearwater, Florida-based platform for security awareness training and simulated phishing attacks.

AIRY9 is an accountant and ERP bot powered by AI tech and Blockchain.

Visa is a global payments technology company that connects consumers, businesses and banks in more than 200 countries and territories worldwide.

Visa is a global payments technology company that connects consumers, businesses and banks in more than 200 countries and territories worldwide.

MasterCard is an american multinational financial services corporation founded in 2000.

A company offering a suite of software products and solutions.

Deduce is a New York City-based cybersecurity company.

A a software company offering a platform for mobile identity verification using NFC technology.

Chainalysis is a company that provides tools for cryptocurrency analysis, compliance, and investigation.

Forter provides new generation fraud prevention to meet the challenges faced by modern enterprise e-commerce. Only Forter provides fully automated, real-time Decision as a Service fraud prevention, with approve/decline decisions backed by a 100% chargeback guarantee. The system eliminates the need for rules, scores or manual reviews, making fraud prevention friction-free. The result is fraud prevention that is invisible to buyers and empowers merchants with increased approvals, smoother checkout and the near elimination of false positives - meaning more sales and happier customers. Behind the scenes, Forter's machine learning technology combines advanced cyber intelligence with behavioral and identity analysis to create a multi-layered fraud detection mechanism. The result is best for online merchants, and best for online customers.

Scrive specialises in e-signature and digital identity automation.

Last Funding: $0.00M (Unknown)

Pindrop is a cybersecurity company developing voice security and authentication solutions.

Shield is an end-to-end fraud management solution that blocks fraudulent activities such as account takeovers, fake accounts creation, fraudulent payments, loyalty fraud and more.

VU Security is a company founded in 2007.

NS8 is a Las Vegas-based cybersecurity company developing a fraud prevention platform using behavioral analytics and real-time scoring.