Cybertonica
Cybertonica is a FinTech company which detects and prevents fraudulent transactions and reduces risk for financial services organisations.[1] The company uses machine learning and artificial intelligence (AI) to analyse data in real-time[2] and help secure online transactions by identifying who is a fraudster and who is a good customer.[3]
Cybertonica was named as the Best New Back Office Innovation at the tenth annual Emerging Payments Awards in 2017[4] with its fraud management solution designed to grow e-commerce and m-commerce businesses and build their customers’ trust.[5]
History[edit]
Cybertonica is founded in 2015 and headquartered in London, United Kingdom.[6] Founding members include Joshua Bower-Saul, Sergey Velts and Victor Orlovsky.[7] In 2015, the company participated in startup accelerator programme, Startupbootcamp FinTech.[8]
In 2016, Tech.London, which is supported by Mayor of London to promote London’s technology and entrepreneurship scene,[9] announced Cybertonica as winner of Startup to Watch October 2016.[10]
In 2017, Cybertonica was selected as one of the European FinTech 100 companies.[11] In addition, New York-based research outfit CB Insights[12] identified Cybertonica among more than 80 firms using AI to secure the future.[3]
In January 2020, Cybertonica raised $2 million in Series A funding led by London-based Venture Capital firm Force Over Mass Capital, with the participation of TrueSight Ventures and Springboard.[13]
Funding[edit]
Cybertonica is backed by Digital Space Ventures, which is an investment company supporting early stage FinTech businesses,[14] and other international investors.
References[edit]
- ↑ Finextra (20 July 2015). "Startupbootcamp FinTech unveils startups for London programme".
- ↑ Temperton, James. "WIRED Money 2016 Startup Stage: security and services".
- ↑ 3.0 3.1 "Cybersecurity's Next Frontier: 80+ Companies Using Artificial Intelligence To Secure The Future In One Infographic". 9 June 2017.
- ↑ "Amazon, Apple And The Post Office Among The Big Winners At The Emerging Payments Awards 2017 - The Fintech Times". thefintechtimes.com.
- ↑ "The Emerging Payments Awards 2017: Who won what?". bobsguide.
- ↑ "Cybertonica Ltd". Crunchbase.
- ↑ "Cybertonica - Idea London". www.idea-london.co.uk.
- ↑ "Accelerators: bridging the gap in fintech » Banking Technology". www.bankingtech.com.
- ↑ "About London's Official Guide for Startups". Tech.London.
- ↑ "Tech.London Announces Cybertonica as Winner of Startup to Watch October 2016". Tech.London.
- ↑ "Nominees - European FinTech 100 & Top 3 - Fintech Europe". europe2017.fintech.nl. Archived from the original on 2017-09-15. Retrieved 2017-10-11. Unknown parameter
|url-status=ignored (help) - ↑ Loizos, Connie. "CB Insights Raises $10 Million in Series A Funding".
- ↑ Editor (2020-02-03). "Cybertonica raises $2 million for Series A". Fintech Bulletin. Retrieved 2020-04-17.
- ↑ "Digital Space Ventures - Portfolio". Digital Space Ventures.
External links[edit]
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