What Fraudio does

Fraudio B.V. is an Amsterdam-based, venture-backed fintech founded in 2018 that sells an AI-powered financial-crime detection platform to the global payments industry. Its core proposition is a patent-pending centralized AI brain that aggregates payment transaction data across merchants, payment service providers (PSPs), merchant acquirers, and card issuers into a single schema, enabling real-time fraud and AML scoring with sub-100ms response times. The product portfolio spans five core offerings (Card Payment Fraud Detection, Merchant Initiated Fraud Detection, Anti-Money Laundering Solution, Authorised Push Payment Fraud Detection, and Money Mule Detection) plus an LLM-Powered Rule Engine, a pre-built Rules Library launched in 2026, and a free Proof-of-Results evaluation tool. The platform is delivered as an API-first SaaS solution on a pay-per-use basis with no setup or integration fees.

The business model is transaction-volume-based pricing billed annually, supplemented by tiered product-support subscriptions (Bronze, Silver, Gold) sold monthly. The go-to-market combines direct enterprise sales with a channel-partner/reseller motion (Silverflow, LOQR, IXOPAY, Bold.co, ePayco, SaltPay) and a product-led growth entry point via the no-obligation Proof-of-Results trial. Customer segments are entirely within the payments vertical and include PSPs and merchant acquirers (primary), issuing banks and card issuers (primary), payment facilitators, digital banks and neobanks, and large merchants/ecommerce. Named customers include Viva Wallet, WiPay, SaltPay, LOQR, Bold.co, ePayco, IXOPAY, GnosisPay, and PayTabs, with the website logo bar additionally listing Silverflow, Pismo, Bancontact, Yalamanchili, Fazz, Cashflows, Vialet, Syspay, Chocolate, Icepay, Paynovate, and Interpay.

Founding capital and ongoing investor backing come from ING Bank, Payvision, and Viva Wallet, with a $3.3M seed round in 2021 and additional undisclosed rounds in 2025 and 2026 (the latter led by Alea Capital Partners). Cumulative disclosed equity funding totals approximately $7.4M across 2020-2023 rounds. The company holds ISO 27001 certification and operates under PCI-DSS-compliant terms for cardholder data handling. Founders João Moura (CEO) and Nathan Trousdell (COO) lead a team of 11-50 employees, with Robert Kraal (former Adyen COO, Silverflow co-founder) joining the Board of Directors in June 2026.

Name

Fraudio

Legal name

Fraudio B.V.

Website

https://fraudio.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Fraudio is an Amsterdam-based AI fintech that provides real-time payment fraud detection, merchant risk monitoring, and AML compliance to PSPs, acquirers, card issuers, and merchants via a centralized AI brain delivered as API-based SaaS on pay-per-use pricing.

Ownership category

akta.pro rank

Product category

Fraud Detection and Anti-Money Laundering Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Fraud Detection & Prevention (payments fraud, account takeover, scams) (FSAGAFAE)

akta.pro secondary industries

Risk, Fraud & 3DS Orchestration for Payments (FSAGABAL), Payment Abuse & Promo/Refund Abuse Prevention (FSAMALAI), Fraud Prevention, Risk & Chargeback Management (CRAFALAE)

Keywords

• Payment fraud detection
• Anti-money laundering software
• Merchant risk monitoring
• AI fraud scoring API
• Financial crime platform

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Transaction-based API Usage: Customers pay per transaction processed through the fraud detection API. Usage-based pricing with no setup, implementation, or integration fees. Per-transaction cost decreases as volume grows. Accessed via API key with monthly invoicing.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels8 records

Core offering

Fraudio sells an AI-powered financial crime prevention platform delivered as a cloud-hosted SaaS API. Its core products include real-time Card Payment Fraud Detection, Merchant Initiated Fraud Detection, an Anti-Money Laundering Solution, Authorised Push Payment (APP) Fraud Detection, and Money Mule Detection. Customers (PSPs, acquirers, card issuers, PayFacs, digital banks, neobanks, wallets, and large merchants) access the platform via a developer-friendly REST API on a pay-per-use basis, with no integration or setup fees.

Product overview

Fraudio offers a unified AI-powered financial crime prevention platform serving the entire payment ecosystem. The core portfolio consists of five integrated products: Card Payment Fraud Detection (real-time transaction scoring), Merchant Initiated Fraud Detection (merchant portfolio risk monitoring), Anti Money Laundering Solution (transaction monitoring for compliance), Authorised Push Payment Fraud Detection (APP scam prevention), and Money Mule Detection (coordinated network identification). These products share a centralized patent-pending AI brain that connects issuing and acquiring data streams, creating network effects across all customers. The platform is delivered as a SaaS solution via API with pay-per-use pricing, and includes an LLM-Powered Rule Engine for natural language rule creation, a Rules Library for pre-built templates, and a Proof-of-Results evaluation tool. The architecture supports multi-tenancy for partners and resellers.

Differentiator

Problem solved

Functional benefit

Products and services

• Card Payment Fraud Detection Real-time credit and debit card transaction fraud scoring API that assesses payment transactions in milliseconds, providing fraud risk scores from day one with no integration or setup costs. Leverages a centralized AI brain trained on billions of transactions to identify fraudulent patterns across issuing and acquiring data streams.
• Merchant Initiated Fraud Detection Monitors merchant risk indicators and identifies fraudulent merchants, scams, and anomalies in real-time. Leverages the Payment Fraud Detection platform and continuously monitors risk across merchant portfolios, reducing the cost of merchant onboarding and facilitating control of merchant portfolio risk.
• Anti Money Laundering Solution AI-driven anti-money laundering detection platform that utilizes diverse big data sets, monitors broad payment flows, and leverages both supervised and unsupervised machine learning to identify money laundering patterns, facilitate targeted investigations, and aid AML compliance.
• Authorised Push Payment Fraud Detection Detects Authorized Push Payment (APP) fraud in real-time by analyzing transaction patterns and account behavior to identify victims tricked into transferring funds to fraudsters, particularly relevant for digital banks, neobanks, and instant payment networks.
• Money Mule Detection Automated money mule network detection using supervised and unsupervised AI to identify coordinated behaviors, inflow-to-outflow anomalies, and peer-group deviations that indicate accounts being used to launder funds.
• Rules Library A library of pre-built, ready-to-use rule templates that enables fraud teams to configure detection rules quickly without engineering resources. Sold as a standalone product component of the Fraudio platform.
• Proof-of-Results (PoR) Evaluation Free evaluation offering that lets potential customers test Fraudio's fraud detection on their own historical transaction data. Customers send sample data, Fraudio processes it through the centralized AI, and presents results so prospects can evaluate accuracy before purchase.

Quantifiable outcome

• 15x fewer false positives than one of the largest card schemes (proven with the largest card issuer in Portugal)
• +4 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature9 records

Partnerships

Six partnerships are on record, tiered core and minor.

• SilverflowcoreStrategic or Co-development PartnerSilverflow is a live integration partner using Fraudio as a core fraud and risk management partner. Robert Kraal, former Silverflow co-founder, was appointed to Fraudio's Board of Directors, with Fraudio's operational data supporting the board appointment.
• LOQRminorStrategic or Co-development PartnerStrategic partnership enabling LOQR to offer compliant, fraud-proof, client-centric solutions while reaching new markets and customers with secure infrastructure.
• IXOPAYminorStrategic or Co-development PartnerPartnership enables IXOPAY to offer outstanding fraud protection to its clients through Fraudio's market-changing offering, aligned with IXOPAY's core values.
• Bold.cominorStrategic or Co-development PartnerBold.co uses Fraudio for merchant-initiated fraud detection, adapting to Bold's processes and architecture. Fraudio's flexibility enabled Bold to go-to-market sooner with daily batch data initially, migrating to real-time.
• ePaycominorStrategic or Co-development PartnerePayco chose Fraudio for its AI that learns from billions of transactions and Fraudio's deep knowledge of the payment industry, providing fraud protection for ePayco's operations.
• SaltPayminorStrategic or Co-development PartnerSaltPay founder states Fraudio was the only company seen offering a product that really works after years of evaluating anti-fraud tools, indicating a strong mutual partnership.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Feedzai: Feedzai is a direct competitor offering AI-based transaction fraud detection and AML solutions to banks, PSPs, and merchants. Both companies serve overlapping customer segments (PSPs, acquirers, card issuers) with real-time fraud scoring APIs, and compete head-to-head in European and global enterprise deals.
• Featurespace: Featurespace provides adaptive behavioral analytics for fraud detection and AML, serving card issuers, PSPs, and merchants globally. Like Fraudio, it uses ML to detect anomalous transaction patterns in real time and competes for the same enterprise fraud budget.
• Sift: Sift is a digital trust and fraud prevention platform focused on e-commerce, marketplaces, and fintechs. It targets merchant-side fraud and chargeback prevention with ML-driven risk scoring — overlapping with Fraudio's merchant fraud and payment fraud detection products.
• Kount (Equifax): Kount, an Equifax company, provides AI-driven fraud prevention, chargeback management, and identity verification for payment service providers, merchants, and issuers. Its product suite competes directly with Fraudio's payment fraud detection and merchant monitoring capabilities.
• Ravelin: Ravelin provides fraud detection and payment optimization for digital businesses, particularly marketplaces, fintechs, and e-commerce. It overlaps with Fraudio on payment fraud scoring, account takeover prevention, and merchant-side fraud — competing for similar mid-market and enterprise customers.
• ComplyAdvantage: ComplyAdvantage provides AI-driven AML transaction monitoring, sanctions screening, and fraud detection for banks, PSPs, and fintechs. It overlaps directly with Fraudio's AML solution and fraud detection suite, serving the same financial-crime compliance buyer persona across European and global markets.

Emerging players

• DataVisor: DataVisor applies unsupervised ML and graph analytics to detect fraud and money laundering at scale, serving banks, PSPs, and fintechs. It overlaps with Fraudio's AML and money mule detection capabilities but emphasizes a different ML approach (unsupervised vs centralized supervised).
• Resistant AI: Resistant AI focuses on document fraud and AML transaction monitoring for financial institutions, using ML to detect synthetic identities and money laundering patterns. It overlaps with Fraudio's AML solution and merchant fraud detection product lines, particularly for European banks and PSPs.

Broad incumbents

• FICO: FICO operates the Falcon fraud platform, one of the top-3 incumbents in payment fraud detection referenced by Fraudio. It serves global banks and card issuers with rule-based and ML transaction scoring — competing with Fraudio in enterprise card fraud contracts while offering broader credit risk analytics.
• Visa Advanced Authorization: Visa's Advanced Authorization (VAA) is the card-scheme fraud detection solution Fraudio benchmarks against (claiming 15x fewer false positives). As a network operator with global transaction data, Visa competes directly with Fraudio for issuer and acquirer fraud budgets.

Market position

Strengths6 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/lifeatfraudio
• LinkedInlinkedin.com/company/fraudio
• Instagraminstagram.com/lifeatfraudio

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds6 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fraudio