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Chicago-based SaaS fraud detection platform for banks and credit unions that uses AI and machine learning to manage card fraud.
Rippleshot provides a cloud-based SaaS platform that helps banks and credit unions manage card fraud, with predictive analytics and merchant data breach tools such as Rules Assist and Sonar. Founded in 2013 in Chicago, US, by Canh Tran and Yueyu Fu, it has completed 6 deals. Its most recent round was USD 1.5 mn in venture debt from SixThirty in August 2018, and it has raised USD 2.76 mn in total. Stage: Seed.
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