🎉 I’m thrilled to announce Bureau’s $30m Series B round💰, led by @robrueckert at @SorensonCap , with participation from @PaypalVentures , led by Ashish Aggarwal. This isn’t just a milestone for @bureauidentity - it’s a strong validation fo our mission to protect and accelerate customer journeys against digital fraud. 🚀
Details in Forbes: https://t.co/Z4B9Y7sl2C
Two topics dominate today's conversations: AI is everywhere. Fraud is everywhere. Soon, AI-powered fraud will be everywhere. This fundraise helps us fight back:
• Tackling money mules🫏
• Stopping account takeovers 🔒
• Crushing AI deepfakes 🎭
• Blocking real-time payment fraud ⚡
Get in touch:
- if you are ready to be a #FraudFighter ([email protected]) 🥷
- if your business needs #FraudPrevention ([email protected])🛡️
A warm welcome to @robrueckert and Ashish Aggarwal, and a huge thanks to our early supporters: @VivekKri, @venturedan , @fubini , @grengaswamy, @adwane , @bencasnocha , @y_t_y_m_m_t_ , @BKartRed , @MelissaFrakman ,@Austinarensberg
Excited to finally launch the Turpentine Network: a social network for top founders, including CEOs of companies like Databricks, Perplexity, & 400 others totaling over $200B in valuation.
We're aiming to create the most valuable social network for startups. Apply below
Indian FinTech industry's market size is $584 Bn in 2022 & est. at ~$1.5 Tn by 2025. Payments landscape in India expected to reach $100 Tn in trans volume & $50 Bn in terms of revenue by 2030. Digital lending market worth $270 Bn in 2022 & is expected to reach $350 Bn by 2023.
We came out of stealth mode at GFF 2022 and Bureau’s trajectory wouldn’t have been this amazing if not for the sheer amount of serendipity this event manufactures. Grateful to partner with them for the 3rd year in a row. @IAMAIForum@bureauidentity@ranjanready@PreekshitG
Fun RCB & CSK partnership this 🏆
with the one and only @nikhiljoisr and @ranjanready as we bring the best of what @m2pfintech and @bureauidentity can offer together.
Excited for the global opportunity.
At Bureau, we've always maintained that fighting fraud is not a single player game. It takes a village - and most importantly, this ecosystem requires some of the best players to come together to effectively fight fraud and ensure compliance. @prabranga and @onlymadhoo have been very kind friends and mentors to me for several years now and it is with a lot of pride that I'm excited to share the first of many announcements about @bureauidentity and @m2pfintech
Thanks to @EconomicTimes for interviewing @ranjanready about this very important partnership
https://t.co/aLOhQEIgFz
🚨Rs 13,930 crore was lost to bank frauds in FY24, a ⬇️of 46% from FY23. "Frauds occurred predominantly in category of digital payments (card/internet), in terms of number. In value, frauds have been reported primarily in the loan portfolio"-RBI Annual Report @moneycontrolcom