Overview
Orca Fraud, a Cape Town startup, raised $2.35 million in an oversubscribed seed round led by Norrsken22, with support from Onedayyes, Enza Capital, and CV VC Africa. The funding will enhance its smart technology that helps banks, fintechs, and telcos detect fraud in real-time, addressing the unique challenges of Africa's digital payments landscape. Orca currently processes over $5 billion in payments monthly across more than 70 countries.
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Investors: Norrsken22, Onedayyes, Enza Capital, CV VC Africa
Orca Fraud, a Cape Town startup, raised $2.35 million in an oversubscribed seed round led by Norrsken22, with support from Onedayyes, Enza Capital, and CV VC Africa. The funding will enhance its smart technology that helps banks, fintechs, and telcos detect fraud in real-time, addressing the unique challenges of Africa's digital payments landscape. Orca currently processes over $5 billion in payments monthly across more than 70 countries.