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Rippleshot
Rippleshot, Inc. is a financial technology company based in Chicago, Illinois, specializing in fraud detection, data breach prevention, and card fraud mitigation. Founded in 2013, Rippleshot operates as a Software-as-a-Service (SaaS) provider, offering cloud-based analytics platforms that utilize Artificial Intelligence (AI) and Machine Learning (ML) to proactively identify and address payment card data breaches. The company’s flagship product, Sonar, analyzes millions of card transactions daily to detect compromised merchants and at-risk cards. Rippleshot also provides tools for predictive fraud analytics, real-time data breach detection, and merchant risk monitoring. With a client base of over 1,700 financial institutions, including banks and credit unions, Rippleshot helps organizations reduce fraud losses and enhance customer trust through its innovative solutions.
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$5M