New co-chief for Fraugster
Lars-Thorben Niggehoff
| 09.04.2021
The Berlin-based AI start-up wins the former head of Germany at Klarna to its cause. Now another round of funding is to follow.
Anti-fraud start-up Fraugster has a new boss. Founder Max Laemmle confirmed to Handelsblatt
that former Klarna Germany boss Christian Mangold will now join him in running the company. "If we want to scale across all world regions, we need more than two shoulders," Mangold said, explaining his appointment.Fraugster's technology is designed to help online store operators spot potential fraudsters before they can make a purchase. The Berlin-based company uses artificial intelligence to analyze data such as address, credit card number and IP address.
Laemmle also told Handelsblatt that he is planning another round of funding for Fraugster. He wants to receive a double-digit million amount in the coming months this way. So far, he said, the start-up has been able to collect around 30 million euros in funding.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
Startup
2014
Berlin
Fraugster
Developing an AI technology to eliminate e-commerce fraud.
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
