Amsterdam-based ThreatFabric, a company specialising in tools and expertise for detecting banking threats, announced a strategic investment from OneSpan.
Contentlockr
Based out of Boston, OneSpan provides secure authentication, identity, electronic signature and digital workflow solutions that protect and facilitate digital transactions and agreements.
The Company delivers products and services that automate and secure customer-facing and revenue-generating business processes for use cases ranging from simple transactions to complex or requiring higher levels of security.
“Our investment in ThreatFabric underscores OneSpan’s commitment to staying ahead of emerging digital threats,” says Victor Limongelli, CEO of OneSpan. “Mobile devices are the dominant access point for consumer financial services, leading to the rise in device compromise, malware, and cyberfraud. Partnering with ThreatFabric enhances our capabilities and sets a new standard for protecting customers in a mobile-first world—keeping trust and security at the heart of digital banking.”
As a part of the funding, OneSpan will join ThreatFabric’s Board of Directors and Strategic Advisory Board.
The investment will help the Dutch company to improve its fraud prevention efforts.
The announcement comes ten months after raising additional funding from Rabo Investments as part of an extension to its 2023 seed round.
ThreatFabric: Fraud prevention with next-gen technology
Co-founded in 2015 by Han Sahin and Yorick Koster, ThreatFabric is a premier Mobile Threat Intelligence and Online Fraud Detection company.
The company offers data-driven, AI-powered solutions to protect businesses and their customers.
Their Threat Intelligence and SDK-based platform help prevent various types of fraud, such as malware, app fraud, bots, remote access Trojans (RATs), scams, impersonation, account takeover, and information theft.
The Dutch company aims to enhance online security by providing alerts before transaction signing, which helps prevent fraud and maintain the brand’s reputation and customer trust.
At present, the company protects over 60M banking customers globally and is backed by Rabo Investments, Motive Ventures, 10x Founders, 14Peaks Capital, and now, OneSpan.
“At ThreatFabric, we believe fraud prevention is about more than stopping transactions—it’s about protecting people,” said Han Sahin, CEO of ThreatFabric. “This investment from OneSpan empowers us to scale our mission globally, delivering AI-powered protection that is proactive, privacy-first, and rooted in the best threat intelligence available.”
