2019 at Nethone in numbers - a short overview of the year

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Strengthening market presence, educating about Machine Learning for fraud prevention and growing rapidly. It’s been a great year for Nethone!

As 2019 is about to end, we wanted to review our challenges and achievements and sum up for you the most important things that have happened throughout this year. Sit back and fasten your seatbelt; it’s going to be an adventurous journey!

2019 Nethone summary

Increasing recognition

We were recognised as a Gold Winner “Best Cybersecurity Platform”, in the Juniper Research’es Future Digital Awards, and “The Most Promising Startup” in Let’s Fintech with PKO BP. We also got nominated in the “Technological Solution of the Year FINTECH 2019" in Loan Magazine Awards for our joint solution with ERIF Credit Bureau. Thank you for appreciating our hard work and product!

Accelerating rapidly

In March 2019 we joined Plug And Play Travel Accelerator Program. A month later the first external round of financing closed, and we raised over $1 million from Innovation Nest. However, it wasn’t the end! In July 2019, Plug And Play invited us to join their second Program - this time in FinTech industry.

Growing fast

As the portfolio of our clients was expanding quickly, so were we. Nethone increased the employment by one third during the last year, to take the best care of your business. Now there’s over 60 of us, dedicated to help you solve fraud challenges.

Because of that, we had to move to a bigger office. And so we did, without a single day of downtime. #teamNethone runs like clockwork!

Being close

We went to a number of events around the World to meet you in person. But when we counted, it appeared that we took part in 75 of them! On average, it’s 1 event every 5 days. If you’re still not impressed, you should know that at the same time, we published our insights and shared our knowledge in 32 publications and reports.

To be even closer to our clients and help the market, in June we decided to partner up with Merchant Risk Council - a global organization connecting e-commerce fraud and payments professionals. You can e-meet us there and ask us any questions regarding card-not-present fraud. We’ll be glad to help you!

Thank you all for your trust. Let’s together make 2020 a fraudless year!

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