About Nethone Security
Nethone Security is a company based in Poland founded in 2016 by Mateusz Czech was acquired by Mangopay in November 2022.. Nethone Security has raised $7.7 million across 2 funding rounds from investors including Plug and Play Tech Center, Mangopay and Atmos Ventures. Nethone Security offers products and services including Wallet Infrastructure, Payments and Payout Suite, FX Infrastructure, and Risk Management Suite. Nethone Security operates in a competitive market with competitors including Signifyd, Entrust, ThreatMetrix, Riskified and Quantexa, among others.
- Headquarter Poland
- Founders Mateusz Czech
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Sectors
Industrial Goods & ManufacturingTechnology Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nethone Sp. Z O.O.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.7 M (USD)
in 2 rounds
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Latest Funding Round
$6.7 M (USD), Series A
Jul 15, 2021
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Investors
Plug and Play Tech Center
& 5 more
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Employee Count
Employee Count
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Acquired by
Mangopay
(Nov 29, 2022)
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Products & Services of Nethone Security
Nethone Security offers a comprehensive portfolio of products and services, including Wallet Infrastructure, Payments and Payout Suite, FX Infrastructure, and Risk Management Suite. 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.
Enables automated global money movements and multi-currency wallets.
Facilitates secure pay-ins, payouts, and multi-party fund management.
Supports cross-border payments with flexible exchange rates.
Provides fraud detection and identity verification for transactions.
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Software Development Team
22 people
Sales and Marketing
13 people
Leadership Team
11 people
Legal and Compliance
9 people
Product Management Team
9 people
Finance and Accounting
7 people
Human Resources and Administration
7 people
Senior Team
6 people
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Funding Insights of Nethone Security
Nethone Security has successfully raised a total of $7.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.7 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $6.7M
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First Round
First Round
(16 Apr 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Nethone Security | Valuation | Atmos Ventures , ARIA | |
| Apr, 2019 | Amount | Seed - Nethone Security | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Nethone Security
Nethone Security has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Mangopay and Atmos Ventures. 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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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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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 Nethone Security
| 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 - Nethone Security
| 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 |
Nethone Security Comparisons
Competitors of Nethone Security
Nethone Security 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 Signifyd, Entrust, ThreatMetrix, Riskified and Quantexa, 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 |
Provider of fraud prevention and payment validation for online retailers
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| domain | founded_year | HQ Location |
Provider of digital identity management solutions
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| domain | founded_year | HQ Location |
Fraud prevention and context based authentication solution
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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 |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based treasury management and fraud prevention solutions 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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Latest news on Nethone Security
Frequently Asked Questions about Nethone Security
When was Nethone Security founded?
Nethone Security was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Nethone Security located?
Nethone Security is headquartered in Poland.
Is Nethone Security a funded company?
Nethone Security is a funded company, having raised a total of $7.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Apr 16, 2019.
What does Nethone Security do?
Nethone Security was founded in 2016 in Poland within the cybersecurity sector. Cloud-based tools for fraud detection are offered to online merchants and financial institutions. A machine learning approach is employed to profile users and assess risks holistically. Proprietary technologies for user profiling are integrated with decision engines to identify payment fraud and account takeovers in real time. Multiple user attributes are analyzed to generate actionable recommendations.
Who are the top competitors of Nethone Security?
Nethone Security's top competitors include ComplyAdvantage, Riskified and Quantexa.
What products or services does Nethone Security offer?
Nethone Security offers Wallet Infrastructure, Payments and Payout Suite, FX Infrastructure, and Risk Management Suite.
Who are Nethone Security's investors?
Nethone Security has 6 investors. Key investors include Plug and Play Tech Center, Mangopay, Atmos Ventures, Firlej Kastory, and ARIA.
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