FRS Labs

regtechauthentication and fraud preventionekyc/aml/cft

FOUNDING YEAR: 2010
LOCATION: India
Last Update: 01/05/2020

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About

FRS Labs is a software engineering company specialising in fraud risk and security products. The company is headquartered in Bangalore, India. FRS Labs develops and sells the following products: 1) Orpheus Subscription Fraud Detection System. 2) Atreus Application Fraud Detection System. 3) Prism International Revenue Share Fraud Detection - Cloud System. 4) Vistas Visitor Access System. 4) Atlas Voice Biometrics System. From a humble start in 2010 with just two Engineers, FRS Labs has steadily added more talent, products and an impressive clientele including two of the biggest Telecom companies in the world.

Watch

FRS Labs: From Humble Beginnings to Leaders in KYC Processes

MEDICI Analysis

FRS Labs is a software technology startup that provides customer onboarding, authentication and fraud prevention solutions for enterprises. The company got 3rd Place at Fintegrate Zone in 2017 and also listed in the top 30 of Yes Bank FinTech in 2017.

Focus

PRODUCTS & SERVICES

The company offers security and fraud prevention software products such as: 1) Orpheus- Subscription fraud management system. 2) Atreus- It provides real-time fraud detection platform for telecoms, banks and insurance firms. 3) Prism- Real-time international revenue share fraud (IRSF) detection system. 4) Vistas- A smart visitor access system. 5) Atlas- Prevent security breaches with voice biometrics. 6) KYZO- A digital KYC app that allows the user to scan, store, and share documents for the business needs. 7) Fotopod- Offer digital identity photograph.

REVENUE MODEL

It assumes that the company follows subscription-based revenue model.

MAIN CLIENTS

Vodafone

Skype

Orange

Xintec

Turkcell

MTS

OptusYes

company provided insights

Traction

REVENUE COMMENT:

The company generates approx revenue of 12 k (2017).

People

NUMBER OF EMPLOYEES

1-10

INVESTORS:

GenNext Ventures

Yes Fintech

KEY EMPLOYEES:

Shankar Palaniandy (Director)

Momentum

FUNDED

NO

DATE OF LAST FUNDING

Mar 2017

LISTED

NO

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