- Rased, a Saudi AI-driven fraud prevention startup, closed a pre-seed funding round led by Wa’ed Ventures and Share for Investments, with additional investors joining.
- The company develops an intelligent real-time platform to detect and prevent digital financial fraud, fully compliant with Saudi Central Bank regulations.
- Rased aims to expand regionally across the Gulf, leveraging its scalable technology infrastructure to support banks, fintechs, and regulatory entities.
Saudi-based company Rased, specializing in AI-driven fraud detection and prevention solutions, has announced the closing of a pre-seed funding round led by Wa’ed Ventures and Shir Investments, with participation from a group of other investors.
Real-Time Fraud Monitoring
Founded in 2022 by Talal Al-Badrani and Mustafa Al-Salhi, Rased focuses on building an intelligent platform capable of detecting and preventing digital financial fraud in real time, without compromising user experience or system performance.
The platform complies with the latest Saudi Central Bank requirements for financial transaction security and operates by analyzing behavioral and device signals in real time, evaluating them within milliseconds to enable banks, financial institutions, fintech companies, and regulators to block suspicious activities before they escalate.
Smart Integration and Regulatory Protection
Rased offers a comprehensive fraud case management system, supporting fast integration with clients’ digital systems through APIs or SDKs, making it easy to embed its solutions into existing infrastructures.
The company’s solutions are fully compliant with regulatory requirements, featuring built-in privacy protection and auditable process documentation.
Its advanced AI models continuously learn user behavior over time to reduce false alerts and improve decision accuracy, outperforming traditional rule-based systems.
Strong Regional Expansion
Rased currently serves banks, fintech companies, and regulatory bodies within Saudi Arabia and plans for regional expansion across the Gulf region and beyond.
The company leverages its scalable technology infrastructure to support the growing needs of digital-first financial institutions operating in an environment increasingly driven by innovation and artificial intelligence.
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