Fraugster
Financial ServicesBerlin, Germany2-10 Employees
Fraugster positions itself as a payments intelligence company that helps the e-commerce ecosystem reduce fraud and protect revenue by making smarter, real-time decisions. It offers a suite of interoperable products accessible through a single integration, enabling firms to tackle multiple use cases. The company describes its AI-driven fraud prevention solution as highly accurate among market offerings. Based in Berlin, in the Kreuzberg district, Fraugster maintains a small team serving merchants, marketplaces, BNPL providers, and other e-commerce platforms. Its products aim to curb fraud while enabling more customers to be approved for services such as BNPL and to limit chargebacks for merchants. A recent development cited is a partnership with Worldline announced in August 2022 to provide Chargeback Protection for merchants.