nSure raises USD 6.8 mln in seed funding

Tuesday 15 June 2021 13:18 CET | News

Fraud protection startup nSure AI has raised USD 6.8 million in seed funding, led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet, and Moneta Seeds.

The round will help the company to support the AI and machine learning algorithms that power nSure AI’s fraud protection platform.

The startup provides fraud detection for high-risk digital goods, such as electronic gift cards, airline tickets, software, and games.

nSure AI, which currently monitors and manages millions of transactions every month, has approved close to USD 1 billion in volume since going live in 2019.

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Keywords: fraud prevention, startup, artificial intelligence, funding, machine learning
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: Israel
This article is part of category

Securing Transactions