ThreatFabric

ThreatFabric operates as a specialized provider of online fraud detection and threat intelligence, primarily serving the financial services sector. The Amsterdam-based company was founded in 2015 by Han Sahin and Yorick Koster. The founders leveraged their extensive experience in cybersecurity and fraud prevention, including Sahin's previous role as a fraud expert at ABN AMRO, to establish the firm. Their journey began after the successful exit from their previous cybersecurity venture, Securify, leading them to expand upon a Fraud Risk Suite co-developed with ABN AMRO Bank.

The company's business model is centered on a Software-as-a-Service (SaaS) platform, providing banks and financial institutions with comprehensive fraud visibility across both web and mobile channels. This subscription-based service aims to protect end-users from sophisticated fraud and malware attacks. In May 2023, ThreatFabric secured €11.5 million in a seed funding round co-led by ABN AMRO Ventures and Motive Ventures, with participation from other investors, to fuel international expansion and enhance its technical capabilities. This was followed by an extension to the seed round in December 2024 with an investment from Rabo Investments.

ThreatFabric's core offering is the Fraud Risk Suite, an omnichannel solution designed to proactively detect both known and unknown threats. This platform integrates multiple layers of defense, including on-device malware detection, advanced device fingerprinting, behavioral analytics, and behavioral biometrics. It analyzes over 10,000 adaptive fraud indicators to provide real-time risk signals related to the device, user behavior, and identity. A key differentiator is its proactive approach, which uses AI-driven threat modeling and a deep understanding of fraudster tactics to anticipate attack paths before they result in financial loss. The firm's Mobile Threat Intelligence (MTI) service provides context and visibility into the mobile banking threat landscape, while its Client-Side Detection (CSD) solution empowers clients to mitigate risks in real-time. By focusing on the entire fraud kill chain, from social engineering to device takeover, the platform helps institutions reduce fraud related to account takeovers, authorized push payments, and various scams.

Keywords: online fraud detection, threat intelligence, financial services security, mobile banking security, fraud prevention, SaaS, behavioral biometrics, cybersecurity, ABN AMRO Ventures, malware detection, anti-fraud platform, account takeover prevention, payment fraud, cyber threat intelligence, Amsterdam startup, risk management, fraud analytics, device fingerprinting, mobile security, authorized push payment fraud