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Fraugster Raises $14.0M Series

Recently funded · $14.0M Series bTechnology, Information and MediaDEView source

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E-commerce businesses looking to outsmart fraudsters and boost their bottom line just got a significant lift, as payments intelligence firm Fraugster announced it has raised $14.0M in Series B funding. The company specializes in highly accurate AI fraud prevention, empowering online retailers to minimize losses and maximize revenue through smarter real-time business decisions.

Fraugster offers a single integration that addresses multiple fraud-related use cases, streamlining operations for its customers. The payments intelligence company is backed by reputable deeptech investors, including Earlybird, Speedinvest, CommerzVentures, and Munich Re Ventures.

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