Rased is a Saudi startup that uses advanced technology to detect and stop online fraud in real time. The company has raised money in its Pre-Seed funding round, which was led by Wa’ed Ventures and Shorooq Partners, along with other investors.
The funding will help Rased expand its services and improve its fraud detection systems to support more businesses across the region.
Founded in 2022 by Talal Al-Badrani and Mustafa Al-Salhi, Rased focuses on making online financial transactions safer and more reliable for users and companies.
Its platform can quickly find and stop digital financial fraud without affecting the user experience or slowing down systems. It also follows all the rules and guidelines set by the Saudi Central Bank to ensure full compliance and trust.
Rased’s technology works by studying user behaviour and device activity in real time. It can analyze this information in just a few milliseconds to help banks, fintech companies, and regulators stop suspicious transactions before any damage occurs.
The platform also includes a fraud case management system, which helps organizations track and handle fraud incidents more easily and efficiently.
Rased can be quickly connected to existing systems using APIs or SDKs, making it simple for institutions to start using it without major technical changes.
It is designed to follow all legal and regulatory standards, with tools that protect user privacy and keep detailed, audit-ready logs of every action.
Rased’s smart models keep learning from user behaviour over time, which helps reduce false alerts and make better, more accurate decisions than traditional rule-based fraud detection systems.
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