About CrossFraud
CrossFraud is a company based in Manipal (India) founded in 2010 was acquired by Manipal Technologies in August 2016.. The company has 1,792 employees as of April 09, 2024. CrossFraud offers products and services including Enterprise Fraud Risk Management, Anti-Money Laundering, Customer Risk Rating Framework, Name Screening, and Early Warning System. CrossFraud operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Fenergo, among others.
- Headquarter Manipal, India
- Employees 1792 as on 09 Apr, 2024
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Manipal Technologies Limited
- Jurisdiction Udupi, Karnataka, India
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Annual Revenue
$240.73 M (USD)43.01as on Mar 31, 2023
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Net Profit
$11.93 M (USD)323.57as on Mar 31, 2023
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EBITDA
$25.23 M (USD)61.77as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
1792
as on Apr 09, 2024
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Acquired by
Manipal Technologies
(Aug 12, 2016)
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Products & Services of CrossFraud
CrossFraud offers a comprehensive portfolio of products and services, including Enterprise Fraud Risk Management, Anti-Money Laundering, Customer Risk Rating Framework, Name Screening, and Early Warning System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Real-time system for detecting and managing financial frauds
Tracks suspicious behaviors to prevent money laundering activities
Profiles risks based on demographics and transactions
Real-time checks for watchlist compliance
Detects and prevents frauds at early stages
Funding Insights of CrossFraud
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in CrossFraud
CrossFraud has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Manipal Technologies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified conglomerate operating across multiple industries
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CrossFraud
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CrossFraud
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Crossfraud Comparisons
Competitors of CrossFraud
CrossFraud operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quantexa, ComplyAdvantage, Riskified, Alloy and Fenergo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based anti-money laundering solutions are provided for compliance.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| domain | founded_year | HQ Location |
Cloud based KYC and AML management software
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| domain | founded_year | HQ Location |
AI-based identity verification and fraud detection are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CrossFraud
When was CrossFraud founded?
CrossFraud was founded in 2010.
Where is CrossFraud located?
CrossFraud is headquartered in Manipal, India. It is registered at Manipal, Karnataka, India.
Who is the current CEO of CrossFraud?
Abhay Gupte is the current CEO of CrossFraud.
How many employees does CrossFraud have?
As of Apr 09, 2024, the latest employee count at CrossFraud is 1,792.
What is the annual revenue of CrossFraud?
Annual revenue of CrossFraud is $240.73M as on Mar 31, 2023.
What does CrossFraud do?
Provider of AI-powered enterprise risk management solutions for financial institutions. It offers a platform for managing fraud risk, anti-money laundering activities, and compliance. The platform uses artificial intelligence and machine learning to identify and manage financial fraud, money laundering, and credit risk. It includes features such as workflow management, alerts, and case management capabilities. The solution helps organizations develop efficient financial risk management frameworks through rule deployment, risk profiling, and the use of external indicators. The platform is designed to detect suspicious transactions and fraud in a timely manner.
Who are the top competitors of CrossFraud?
CrossFraud's top competitors include ComplyAdvantage, Riskified and Quantexa.
What products or services does CrossFraud offer?
CrossFraud offers Enterprise Fraud Risk Management, Anti-Money Laundering, Customer Risk Rating Framework, Name Screening, and Early Warning System.
Who are CrossFraud's investors?
CrossFraud has 1 investor. Key investors include Manipal Technologies.
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