Details

Last Funding Type

Series A

Last Funding Money Raised

$6.70M

Industries

Artificial Intelligence,Business Intelligence,Cyber Security,FinTech,Fraud Detection,Machine Learning,Risk Management,SaaS

Founded date

Jun 1, 2016

Number Of Employee

51 - 100

Operating Status

Active

Nethone is a machine learning-based fraud prevention Saas company that allows online merchants and financial institutions to holistically understand their end-users—also referred to as “Know Your Users (KYU)” in industry parlance. With its proprietary online user profiling and ML technologies, Nethone is able to detect and prevent payment fraud, account take-overs with unrivalled effectiveness.

The Nethone proprietary Profiler enriches the understanding of every single user with over 5000 attributes, which are processed into recommendations in real-time using a decision engine. While staying focused on the singularity of the client’s business, Nethone can help to lower clients’ rejection rates, costs of manual review, and risk of fraud, without touching the UX of the service--automatically and in real‑time.

Founded in 2016 by a group of security experts, financial business executives and data scientists within Daftcode - a Poland-based venture builder, is today successfully cooperating with 50+ global e-commerce, digital goods, and financial industries.

In 2021 Nethone was named Poland’s fastest-growing company in the ‘Deloitte Technology Fast 50 Central Europe’.