Nethone is a dynamic startup based in Poland, founded in 2016, specializing in Analytics, Cyber Security, Fintech, and SaaS. The company's slogan “Know Your Users™ to reject only fraudsters” epitomizes its core mission of providing a comprehensive risk detection product to safeguard the entire user journey from onboarding to post-payment. Nethone’s innovative Know Your User (KYU) profiling technology and AI-powered tools empower merchants to gain a holistic understanding of their end-users, effectively segregating the fraudulent users and ensuring a seamless experience for the authentic ones.
Nethone's fraud detection software is adept at monitoring and thwarting over 100 types of fraudster tactics on websites and mobile apps in real time. The company prides itself on offering end-to-end protection against an array of fraud, including account takeovers, bot attacks, promo & policy abuse, friendly fraud, and money laundering schemes, thus fortifying the user journey at every touchpoint.
In July 2021, Nethone secured a substantial $6.70M Series A investment from 3VC, Plug and Play Singapore, Innovation Nest, Atmos Ventures, Expeditions Fund, and ARIA Fund. This infusion of capital consolidates Nethone’s position and underscores its potential in the global landscape. Notably, since 2022, the company has been integrated into the Mangopay Group, a prominent pan-European provider of platform payment & wallet infrastructure.
The company's stellar performance has not gone unnoticed, as it was distinguished as one of Europe's fastest-growing companies by The Financial Times and Statista in 2023, with particular recognition as the highest-ranked Polish company in the Fintech category. Nethone’s success is further underlined by its successful collaborations with global ecommerce, digital goods, and financial industries, solidifying its position as an indispensable ally in the fight against fraudulent activities.
