HomeBankingNethone: Receives $6.7M injection to combat online fraud

Nethone: Receives $6.7M injection to combat online fraud

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Nethone: Receives $6.7M injection to combat online fraud

  • Nethone passive behavioral biometrics allows online businesses to seamlessly stop over 95.3% of account takeovers
  • Besides ATO, the Polish fraud fighter has been flourishing in its payment and financial application use cases
  • Atmos Ventures and ARIA are leading most recent fundraising alongside Innovation Nest, Plug and Play Ventures
  • Series A will allow to accelerate its go-to-market efforts and further strengthen its proprietary Know Your User (KYUTM)
  • COVID-19 boosted the significance of cybersecurity given the pandemic-induced growth of demand for direct-to-customer online commerce
  • The past 12 months provided with sufficient momentum to more than double its client base
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