We develop and supply software that detects fraud up to 30% earlier than traditional methods. Fraud prevention is an increasing challenge in an age of big data and we make a difference by using the latest technology and data sources. We started with EU funding and were able to raise considerably more venture capital, but not as much as our US competitors where the availability and scale of venture capital dwarfs what we have in Europe.
If I were in charge of start up and SME policy, I would scrap the bureaucracy around access to funding; and I would do a better job of marketing European high-tech companies to the rest of the world.
“Entrepreneurs are important to society because we create new markets, disrupt old ones and create jobs.”
Hero(es): Thomas Edison
Start up capital: EU funding
Growth rate p.a: 67%
Can you code? Yes
Education / Training: Computing
Product / Service: Fraud prevention software
Read more about Feedzai here.