{"id":5276,"date":"2021-04-13T10:00:09","date_gmt":"2021-04-13T08:00:09","guid":{"rendered":"https:\/\/blog.startups.ch\/en\/?p=5276"},"modified":"2021-04-12T19:02:18","modified_gmt":"2021-04-12T17:02:18","slug":"futurae-accelerates-international-expansion-and-product-development-with-new-round-of-funding","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/futurae-accelerates-international-expansion-and-product-development-with-new-round-of-funding\/","title":{"rendered":"Futurae Accelerates International Expansion and Product Development with New Round of Funding"},"content":{"rendered":"\n
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Futurae Technologies AG<\/a>, an authentication and transaction confirmation provider, has received a 5 million investment from a number of investors, namely the European leading financial services provider Euroclear, as well as the existing investors AXA Venture Partners, Zurcher Kantonalbank, and EquityPitcher Ventures. The investment allows the company to expand its team in order to grow in two key areas: accelerating international expansion and growing its fully managed authentication platform.<\/p>\n\n\n\n

Digitalization, with its increased security\nrequirements, continues to advance rapidly, especially in the financial services industry. At a time when secure\ndigital interactions are more\nimportant than ever,\nFuturae\u2019s innovative platform addresses the pain\npoints enterprises face with strong customer authentication: exploding help desk costs, customer loss throughout the\ndigital journey, and increased fraud, to name a few.<\/p>\n\n\n\n

Over the past three years, more than 100 banks with users across over 50 countries\nhave selected Futurae as their authentication platform. Futurae will continue its European market expansion, building upon its first banking\ncustomers in Germany,\nFrance, and Austria.\nThe Futurae platform is also being enhanced with machine-learning capabilities to detect frauds faster and more accurately, all the while supporting\ncustomers with what they really need: usable solutions for their users.<\/p>\n\n\n\n

Futurae Technologies was founded\nby Sandra Tobler,\nCEO, an experienced businesswoman and thought leader in fintech and the financial\necosystem, and two security and usability experts known throughout the industry for their research.\nNikolaos Karapanos, CTO, with a PHD in authentication and web security, and Claudio Marforio,\nCOO and head of product, with a PHD in mobile security and usability.<\/p>\n\n\n\n

“The customer authentication\nmarket is stuck with insecure and unusable solutions that dampen user\nengagement and break\nthe digital journey.\nThe main driver\nof our rapid\ngrowth, besides the high usability\nand ease of integration, is the\nfact that we help our\ncustomers to massively reduce their high support costs”, said Sandra Tobler,\nCEO of Futurae.<\/p>\n\n\n\n

\u201cWith many years of experience in operations management roles, I\u2019ve lived first hand the struggles companies face when introducing security solutions\u201d, said Michael Shipton, who recently joined Futurae board of directors and is an executive director on the board of Euroclear Switzerland. \u201cFuturae is an innovative security vendor that sets new standards to solve customer problems, rather than just patching a security hole: this, and the expanding market potential, convinced PwC Switzerland in introducing Futurae as an investment opportunity to Euroclear Switzerland\u201d, added David Bundi, Head of Compliance, RegTech & LegalTech at Pwc Switzerland.<\/p>\n\n\n\n\u00bb Futurae<\/a>\u00bb Found online<\/a>\n","protected":false},"excerpt":{"rendered":"

Futurae Technologies AG, an authentication and transaction confirmation provider, has received a 5 million investment from a number of investors, namely the European leading financial services provider Euroclear, as well as the existing investors AXA Venture Partners, Zurcher Kantonalbank, and EquityPitcher Ventures. The investment allows the company to expand its team in order to grow […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[1],"tags":[],"jetpack_publicize_connections":[],"aioseo_notices":[],"views":657,"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p54Pb1-1n6","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5276"}],"collection":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/comments?post=5276"}],"version-history":[{"count":2,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5276\/revisions"}],"predecessor-version":[{"id":5279,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5276\/revisions\/5279"}],"wp:attachment":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/media?parent=5276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/categories?post=5276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/tags?post=5276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}