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Riskified improves global eCommerce for merchants and consumers. Merchants invest huge amounts of time and money to maximize their traffic only to squander it when they turn away good customers. Even worse – most of those shoppers are gone for good. It doesn’t have to be that way. Riskified uses advanced, machine-learning models to differentiate good orders from bad. This technology is applied to avoid fraud of all types – from account takeover to checkout – and “rescue” orders that would have been declined by the authorizing bank, the payment gateway or even the merchant itself. Riskified then guarantees those orders from fraudulent chargeback, assuming the liability and ensuring that merchants realize that income. Hundreds of global brands – including Macy’s, Giftcards.com, Finish Line, Canada Goose, lastminute.com and more, trust Riskified to identify and approve good customers throughout the purchase process.
Founded: 2012
Offices: Israel and New York
Additional Investors: General Atlantic, Pitango, Genesis, Phoenix, NTT DoCoMo,
Qumra Board Member: Erez Shachar
Air Europa Selects Riskified to Maximize Revenue & Improve Customer Experience
November 27, 2019
Riskified, the payments and fraud-prevention solution provider announced today that Air Europa, the airline division of Globalia, has chosen Riskified PSD2 Optimization to allow the airline to maintain a frictionless booking experience and maximize revenue under the EU’s new PSD2 regulation. Riskified data shows that European merchants could miss out on up to 15 percent of their revenue if they do not proactively address the regulation.
Riskified Announces $165 Million Series E Funding Round Led by General Atlantic
November 5, 2019
Funding round also includes participation from Fidelity Management & Research Company, Winslow Capital Management and existing investors to support Riskified’s rapid global expansion
Riskified Named Among NYC’s Best Workplaces by Fortune
July 17, 2018
It's official, Riskified is one of the best places to work in New York City. Great Place to Work and FORTUNE today unveiled their list for 2018, and Riskified, the leader in eCommerce fraud prevention, joined the list for the first time in the small and medium workplaces group. The rankings are based on employee surveys conducted and analyzed by Great Place to Work, and a total of 50 NYC-based companies are chosen.
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NASDAQ: FROG
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