Rabo Investments, the captive investment unit of Rabobank, has participated in a fundraise for ThreatFabric, collaborating with existing backers Motive Ventures, 10x Founders, and 14Peaks Capital.
This investment marks an extension of ThreatFabric’s 2023 Seed Round. It aims to drive the company’s long-term objectives of expanding globally and strengthening the security of the banking system against emerging threats.
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Established in Amsterdam in 2015, ThreatFabric specialises in online fraud prevention, mobile malware detection, and threat intelligence.
The company delivers data-driven solutions to safeguard the financial sector, combating malware-driven fraud, scams, account takeovers, and data breaches.
Rabo Investments corporate venturing director Floris Onvlee said: “Given the successful collaboration between ThreatFabric and Rabobank, we have seen firsthand how their threat intelligence and fraud prevention solutions benefit banks and their customers. Building strong partnerships is critical to combating financial crime on a global scale.”
By integrating threat intelligence, behavioural analytics, advanced device fingerprinting, and over 10,000 adaptive fraud indicators, ThreatFabric offers a defence against the evolving landscape of online fraud.
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By GlobalDataThe comprehensive suite provided by ThreatFabric addresses a variety of fraud risks, including malware, bots, fake apps, remote access tools, and runtime insecurities.
Additionally, the platform offers location intelligence, artificial intelligence (AI) powered device fingerprinting, streamlined multi-factor authentication, real-time threat alerts, detailed fraud modus operandi reports, and app fraud detection.
ThreatFabric CEO Han Sahin said: “We believe in close collaboration with our customers to elevate our products to enterprise-grade standards. I’m thrilled that Rabobank is now more than just a customer.
“Our journey together began nearly two decades ago with security code reviews on Rabobank’s first online banking product. Today, they are partners. Their invaluable expertise in fraud prevention strengthens our shared mission. Rabobank’s trust in us reinforces our belief in our mission.”
