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High Tech Series A Founded 2013

nSure.ai

nSure.ai is an AI-powered payment fraud prevention platform that provides guaranteed fraud protection for sellers of digital goods including crypto, gaming, prepaid cards, and gift cards. The platform uses adaptive AI with dedicated models trained on each customer's data to analyze hundreds of thousands of data points and return full payment fraud decisions in under 500ms, achieving transaction approval rates up to…

📍 Tel Aviv, Israel · Security & Surveillance Technology,

Funding snapshot

Last roundSeries A
Amount$18M
Date2 March 2022
Total raised$25M
Team size46

About

nSure.ai is an AI-powered payment fraud prevention platform that provides guaranteed fraud protection for sellers of digital goods including crypto, gaming, prepaid cards, and gift cards. The platform uses adaptive AI with dedicated models trained on each customer's data to analyze hundreds of thousands of data points and return full payment fraud decisions in under 500ms, achieving transaction approval rates up to 98%. nSure.ai takes 100% liability for all fraud- and service-related chargebacks, keeping fraud-related chargebacks below 50 basis points. The platform features patented technologies including SoftApproval, which uses behavioral economics to distinguish fraud-suspected buyers from actual fraudsters through unique challenges; StingBack, which gives fraudsters false indications of successful transactions to waste their time and damage their black market reputation; and DynamicKYC, which reduces false positives that impact customer acquisition and retention. The company is backed by insurers including Phoenix, Kamet, and Lloyds for catastrophic failure protection. Founded in 2013 and headquartered in Tel Aviv, Israel, nSure.ai has raised approximately $25.4 million in Series A funding from investors including MoreTech Ventures, Moneta, Griffon Ventures, Disruptive AI, Phoenix Group, Kamet, Alpha Wave Global, and Viola FinTech.

Business model

Cybersecurity > Anti Fraud,

Security & Surveillance Technology > PIAM > Biometrics System > Multi-modal Biometrics,

Image Recognition > Facial Recognition > Security Systems,

Payments > Enablers > Payment Security > Payment Fraud Detection,

RegTech > Fraud Detection > Transaction Monitoring > Industry Specific > Payments,

E-Commerce Enablers > Payments > Fraud Detection

Founders & team highlights

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur,

College Wise > Tel Aviv University, Kellogg School of Management

Institutional investors

MoreTech Ventures Moneta Griffon Ventures Disruptive AI Phoenix Group Kamet Alpha Wave Global Viola FinTech

Backed by funds in our directory

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