Saudi-based Rasēd has successfully closed a Pre-Seed funding round led by Wa’ed Ventures and SHARE Investment Co., with participation from additional investors.
Founded in 2022 by Dr. Talal Albadrani and Mostafa Al-Salhi, Rasēd specializes in AI-driven financial fraud detection and prevention. The company’s proprietary system is designed to analyze data, detect fraud patterns, predict potential risks, and understand user behavior—all to help financial institutions and fintechs stay ahead of emerging threats.
Rasēd is redefining digital fraud detection, prevention, and risk management by protecting financial organizations, fintech companies, and payment service providers from the growing complexity of cyber fraud and financial crime. Its state-of-the-art solutions leverage device intelligence, behavioral biometrics, AI-powered detection, and cognitive analysis to deliver proactive, seamless, and compliant protection for end users.
The company’s offerings include a Fraud Detection and Prevention Platform and an Analytical Engine for Post-Incident Analysis and Compliance, empowering organizations to maintain trust and integrity in an increasingly digital financial environment.
