• FOUNDING YEAR: 2014
    LOCATION:
    Singapore
    REGION:
    Last Update:
    27 Jun, 2019
    Global presence:
    Singapore, Hong Kong, Malaysia, Hong Kong, Malaysia

Description

FOCUS

PRODUCTS & SERVICES:
It provides ML and predictive analytics-based platform for payments, web analytics, credit scoring, and risk management solutions for the banking & electronic payments industry. It offers three products: One Sentry: A cloud-based solution to manage merchant fraud, brand, data security, and credit risks across the acquiring lifecycle. It is also a solution for marketplace monitoring. Capture: A software platform that provides an onboarding solution to accelerate merchant acquisition. The platform digitizes merchant application forms and streamlines its workflows, driving down the turnaround time for onboarding. Fraudwall: It is designed to protect acquirers and merchants by providing e-commerce, POS, and MOTO fraud management solutions. It analyzes real-time transactions to detect fraud activities for merchants. It also helps to optimize fraud strategies and maximize approval rates.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Business
EXISTING PARTNERSHIPS:
Synechron, PWC, Crowe Horwath, Elastic, Matrix-IFS, CGI, Arachnys, Deloitte, AML Accelerate, EY, NTT Data
COMMENT
Jewel's Fraudwall platform leverages artificial intelligence to analyzes hundreds of data points (payment card details, cardholder information, device information, purchase details, geolocation) associated with a transaction in real time, identifying patterns that are indicative of fraud.

PEOPLE

FOUNDERS:
Sandra Cheim, Wooi Lee, Sean Lam
Board Members and Advisors:
Voon Seng Chuan, Joe Cunningham, David Lee
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
8capita Partners, Tuas Capital Partners, Wells Fargo startup accelerator, Spring SEEDS Capital, GMO Payment Gateway
KEY EMPLOYEES:
Sean Lam (CEO), Wooi Siang Lee (COO), Sandra Cheim (CFO), Azim Yazdani (CTO)
COMMENT:
Sean was formerly the director of fraud and security risk at Visa (Southeast Asia), and was also with PricewaterhouseCooper as a security and technology consultant.

TRACTION

VALUATION / MARKET CAP:
$6.67 MM in 2016

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$1.55 Millions
DATE OF LAST FUNDING:
Mar 2018
TOTAL FUNDING COMMENT:
The company is planning to use the fund to support its marketing expansion plan and product development. (March 2018)
SEED & PRIOR FUNDING:
$500 K
SEED CLOSED ON:
Jun 2016
SEED PRIOR FUNDING COMMENT:
The company has received an undisclosed amount of investment from the Wells Fargo startup accelerator program in June 2016.
FUNDING SERIES:
SERIES A
$1.05 Millions Closed: Mar 2018
COMMENTS
SERIES A : An undisclosed amount of fund were raised in March 2018.
LISTED:
NO

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