Outseer

What Outseer does

Outseer is a privately held fraud prevention technology company that provides an all-cause fraud prevention platform to financial institutions globally. The company was formed in June 2021 as a spin-off of RSA Security's Fraud & Risk Intelligence Business Unit under private equity owner Symphony Technology Group, with co-investors including Ontario Teachers' Pension Plan, Clearlake Capital, and AlpInvest. Outseer positions its platform as addressing both the technical attack surface (account takeover, unauthorized payments) and the emotional attack surface (scams, social engineering) through a single unified system rather than fragmented point tools, with stated protection of 100+ billion transactions and 450+ million accounts annually across more than 50 countries.

The platform is composed of three core products — Outseer Fraud Manager (all-cause fraud prevention across login to transaction), Outseer 3-D Secure (ACS for card issuers), and Outseer FraudAction (24/7 fraud intelligence and takedown service) — built on two platform components: the Outseer Risk Engine (an AI-driven, real-time risk scoring engine that fuses behavioral, device, transaction, and consortium signals) and the Outseer Global Data Network (a multi-decade consortium dataset spanning thousands of financial institutions). Recent additions include platformized Behavioral Biometrics launched in March 2025 and GenAI-based adaptive intervention capabilities. The company operates a SaaS subscription revenue model with enterprise field sales supplemented by the Outseer Beyond partner program, including a strategic distribution relationship with TRINEXIA covering the Middle East, Africa, and India.

Outseer's customer base includes hundreds of the world's largest financial institutions (BMO, ING, Santander, Eurobank, First Citizens, ASB, Kiwibank, Bank Islam, City Union Bank, Bank Muamalat, Isracard, Viseca, among others) alongside thousands of additional clients globally. The company employs 251-500 people, is headquartered in Burlington, Massachusetts (with a secondary office in Bedford, Massachusetts and operations across EMEA and APJ), is led by CEO John Filby (formerly President of Risk & Compliance at Fiserv), and operates from a research and engineering base that includes CTO and Chief Data Scientist Dr. Yogesh Patel. Disclosed Annual Recurring Revenue stands at $26.3M with a reported valuation of $78.9M as of 2025.

Name

Outseer

Legal name

Outseer LLC

Website

https://outseer.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

101–250 employees

Short description

Outseer is a privately held fraud-prevention technology company that provides an AI-powered all-cause fraud prevention platform to hundreds of the world's largest financial institutions across 50+ countries, generating approximately $26.3M in ARR.

Ownership category

akta.pro rank

Product category

Fraud Prevention Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro industry

PRIMARYFSAGAFAE

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

Financial & Insurance/Financial Technology (Fintech)/RegTech (Compliance, KYC/AML, Fraud, Identity)

SECONDARYFSAGABAL

Risk, Fraud & 3DS Orchestration for Payments

Financial & Insurance/Financial Technology (Fintech)/Payment Orchestration & Fintech Infrastructure (APIs, Issuing, Processing)

SECONDARYHDADALAE

Payments Fraud & Chargeback Prevention

Hardware, Technology & Telecom/Cybersecurity/Fraud, Bot & Abuse Prevention

Keywords

• Fraud prevention platform
• Payment authentication
• Risk-based authentication
• Scam prevention
• Transaction monitoring

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription-based SaaS: Outseer operates as a SaaS company providing fraud prevention and authentication solutions to financial institutions on a subscription basis. Revenue is driven by ARR of $26.3 million with a valuation of $78.9 million.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Outseer provides an All-Cause Fraud Prevention SaaS platform for financial institutions, protecting digital transactions and sessions across the customer journey from login to payment. The platform combines three core products: Outseer Fraud Manager (all-cause fraud prevention), Outseer 3-D Secure (3DS ACS for card issuers), and Outseer FraudAction (24/7 fraud intelligence and takedown service), all powered by the Outseer Risk Engine and Outseer Global Data Network consortium. The company sells these solutions primarily through enterprise sales to large banks, card issuers, payment processors, and digital banks in over 50 countries.

Product overview

Outseer is an All-Cause Fraud Prevention platform that protects digital transactions and sessions for financial institutions. The portfolio consists of three core products: Outseer Fraud Manager (all-cause fraud prevention platform), Outseer 3-D Secure (3DS authentication solution for card issuers), and Outseer FraudAction (fraud intelligence and takedown services). These are powered by two platform components: the Outseer Risk Engine (unified risk scoring engine) and the Outseer Global Data Network (consortium fraud data). The platform addresses both technical attack surfaces (unauthorized fraud) and emotional attack surfaces (scams) through a single unified system.

Differentiator

Problem solved

Functional benefit

Brands

• Outseer Fraud Manager: All-cause fraud prevention platform addressing the full attack surface of fraud and scams, protecting customer digital interactions with risk-based decisions.
• Outseer 3-D Secure
• Outseer FraudAction
• Outseer Risk Engine
• Outseer Global Data Network

Products and services

• Outseer Fraud Manager An all-cause fraud prevention platform addressing the full attack surface of fraud and scams, protecting customer digital interactions with risk-based decisions while delivering a frictionless user experience. Built for financial institutions to detect and prevent unauthorized fraud and authorized fraud (scams) from login to transaction.
• Outseer 3-D Secure A market-leading 3-D Secure Access Control Server (ACS) solution for card issuers with next-generation features delivering the greatest accuracy with the lowest challenge rates. Balances security and user experience for digital card transactions and supports FIDO passkey integration.
• Outseer FraudAction A rapid monitoring and takedown service detecting and mitigating external threats including phishing attacks, scams, mule accounts, and malware. Provides 24/7 fraud intelligence and cyberattack takedown service to protect financial institution brands and customers.

Quantifiable outcome

• $5T+ in annual protected payments
• +4 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability6 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Global Anti-Scam Alliance (GASA)coreStrategic or Co-development Partner · 23 October 2025Foundation Member contributing to GASA's intelligence-sharing programs, global research, and advisory boards. Partnership addresses scams causing $442+ billion in damages globally, shaping best practices and scalable controls to address scams at their source.
• TRINEXIAcoreChannel Partner/ Reseller/ Distributor · 20 August 2024Strategic distributor partnership for Middle East, Africa, and India regions. TRINEXIA has comprehensive channel ecosystem, competitive positioning, and technical expertise. PAN-EMEA specialty Value-added Distributor established in 1999, providing cybersecurity, digital forensics, and fraud prevention solutions.
• PwCminorGTM or Marketing Partner · 1 January 2022PwC selected Outseer for their 2022 FinTech Scale Programme. Partnership supports fintech industry with innovative fraud prevention and cybersecurity solutions.
• InfosysminorStrategic or Co-development Partner · 1 January 2022Strategic cybersecurity partnership bringing advanced fraud prevention capabilities to help customers deliver seamless and safe digital experiences.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Featurespace: Featurespace provides adaptive behavioral analytics for fraud and risk management, with strong penetration in UK and European card issuers. It directly overlaps with Outseer's behavioral biometrics and risk engine approach.
• Feedzai: Feedzai is an AI-native risk operations platform for fraud and AML used by major global banks. It competes with Outseer on real-time transaction fraud decisioning and unified fraud management.
• DataVisor: DataVisor is an AI-based fraud and AML platform serving large financial institutions globally. It competes with Outseer on unsupervised fraud detection and consortium-style intelligence.
• NICE Actimize: NICE Actimize is a leading enterprise fraud and financial crime management platform for Tier-1 banks. It directly competes with Outseer Fraud Manager on real-time transaction fraud, AML, and account-takeover analytics.
• BioCatch: BioCatch specializes in behavioral biometrics for fraud detection and authentication, serving global banks. With Outseer's 2025 launch of platformized behavioral biometrics, BioCatch is now both a competitor and a potential integration partner.
• FICO: FICO's Falcon Fraud Manager and FICO Platform are the dominant enterprise card and payments fraud detection suites used by global banks. FICO competes head-to-head with Outseer on issuer-side fraud analytics and 3-D Secure-adjacent decisioning.
• ACI Worldwide: ACI's Proactive Risk Manager and Fraud Management solutions serve large global issuers and acquirers. ACI is a direct competitor in payments fraud detection and 3-D Secure orchestration, similar to Outseer's offerings.

Emerging players

• Sift: Sift provides AI-driven digital trust and fraud prevention for fintech, e-commerce, and financial services. It is an emerging player that overlaps with Outseer on digital-channel fraud decisioning but is more focused on non-bank digital businesses.

Broad incumbents

• Visa (Risk Manager / Cardinal): Visa Risk Manager and Cardinal Commerce provide network-level fraud and 3-D Secure solutions to issuers globally. Visa is a broad incumbent whose network-embedded tools increasingly overlap with Outseer's 3DS and transaction fraud products.
• Mastercard (Decision Intelligence / NuData): Mastercard bundles Decision Intelligence and NuData Security into its network-embedded fraud and authentication offerings for issuers. As a card network with global reach, it competes with Outseer on transaction-time risk decisioning while serving as both a partner and competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/outseer
• Xx.com/outseerco
• Facebookfacebook.com/Outseer-111032451069995

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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 Outseer