Startup Wise Guys

Startup Wise Guys, established in 2012 and headquartered in Tallinn, Estonia, is a leading early-stage investor and accelerator in the Central and Eastern European (CEE) region and the Nordics. It offers a world-class, up to five-month accelerator program focused on validating, developing, and selling products to business customers, with a particular interest in Sustainability, B2B SaaS, Fintech, Cybersecurity, and XR sectors. The program, supported by over 200 international and local mentors, has accelerated more than 300 startups, with an 80% success and survival rate, and 11 major exits. Post-program, startups join an alumni community of over 300 startups across 40 countries, gaining access to invite-only events for business development and fundraising support.

Alexandra Balkova

Partner

Attila Hudecz

Batch Managing Director

Franziska Kolk

General Partner, Africa

Andrea Orlando

Partner

Past deals in Fraud Detection

Vivox AI

Pre Seed Round in 2024
Vivox AI specializes in developing AI-powered agents that automate key financial crime compliance tasks, such as business onboarding, prospect pre-qualification, and Know Your Customer (KYC) checks. These AI workers enhance efficiency, reduce manual workload, and ensure traceable, audit-ready results for compliance teams in the financial services sector.

SmartBill

Pre Seed Round in 2022
SmartBill is a banking API solution for banks and financial institutions. It enables access to the banking and financial data of customers via open banking regulations. Its product line also includes Consent Comes First for consent management, Identity Now for fraud detection and prevention, Affordability Checker for creditworthiness assessment, and Profile 360 for understanding consumer demands.

Mellyn

Pre Seed Round in 2022
Mellyn offers a smart, adaptive authentication service that protects applications from unauthorized access and account takeover attacks. Seamlessly integrating our API and SDK with your app evaluates each login attempt using multiple factors like location, usage patterns, and threat signals to determine a risk score. High-risk logins prompt adaptive multi-factor authentication to verify identity, while legitimate users experience a smooth login process. With just a few lines of code, developers can bolster their app’s defense against evolving threats. Mellyn's risk-based approach blocks attackers and ensures a hassle-free experience for genuine users.

Security Forge

Pre Seed Round in 2022
Security Forge is a security services and software provider that focuses on leveraging advanced technologies for secure data usage, management, and sharing. The company emphasizes a proactive data security model, enabling businesses to innovate and create added value while optimizing processes and reducing costs. By ensuring secure, traceable, and resilient data sharing, Security Forge supports organizations in their digital transformation efforts, underpinned by a commitment to security, control, and data sovereignty.

Mellyn

Pre Seed Round in 2021
Mellyn offers a smart, adaptive authentication service that protects applications from unauthorized access and account takeover attacks. Seamlessly integrating our API and SDK with your app evaluates each login attempt using multiple factors like location, usage patterns, and threat signals to determine a risk score. High-risk logins prompt adaptive multi-factor authentication to verify identity, while legitimate users experience a smooth login process. With just a few lines of code, developers can bolster their app’s defense against evolving threats. Mellyn's risk-based approach blocks attackers and ensures a hassle-free experience for genuine users.

Mellyn

Convertible Note in 2021
Mellyn offers a smart, adaptive authentication service that protects applications from unauthorized access and account takeover attacks. Seamlessly integrating our API and SDK with your app evaluates each login attempt using multiple factors like location, usage patterns, and threat signals to determine a risk score. High-risk logins prompt adaptive multi-factor authentication to verify identity, while legitimate users experience a smooth login process. With just a few lines of code, developers can bolster their app’s defense against evolving threats. Mellyn's risk-based approach blocks attackers and ensures a hassle-free experience for genuine users.

Hive.id

Seed Round in 2021
Hive.id is an identity verification platform aimed at helping organizations minimize fraud risk during customer onboarding and beyond. The company offers a solution that allows businesses to verify customer identity, age, and biometrics in under ten seconds, leveraging AI and machine learning to streamline the verification process by over 30%. Hive.id supports operations in more than 200 countries and territories, accommodating nearly 8,000 government-issued documents in over 75 languages. The platform is designed for seamless integration, with a well-documented API that can be implemented in under 60 minutes. By enabling the creation of custom workflows and ensuring a fully encrypted environment, Hive.id enhances customer experience while maintaining compliance with global regulations such as GDPR and CCPA. The service aims to reduce fraud, increase customer trust, and facilitate effortless authentication without the need for passwords, positioning Hive.id as a modern alternative to legacy verification systems.

Ondato

Seed Round in 2021
Ondato is a technology company that specializes in streamlining Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. It offers advanced solutions for digital identity verification, business customer onboarding, data validation, and fraud detection, all from a single interface. The company's tools, which leverage artificial intelligence and machine learning, are designed to help banks and fintech companies comply with regulatory requirements while enhancing data protection and privacy. Ondato's services are applicable across various industries, including banking, fintech, blockchain, and online trading, facilitating a more efficient and secure compliance experience for organizations and their customers. By integrating compliance into business operations, Ondato aims to create a safer environment for all stakeholders involved.

Hive.id

Seed Round in 2021
Hive.id is an identity verification platform aimed at helping organizations minimize fraud risk during customer onboarding and beyond. The company offers a solution that allows businesses to verify customer identity, age, and biometrics in under ten seconds, leveraging AI and machine learning to streamline the verification process by over 30%. Hive.id supports operations in more than 200 countries and territories, accommodating nearly 8,000 government-issued documents in over 75 languages. The platform is designed for seamless integration, with a well-documented API that can be implemented in under 60 minutes. By enabling the creation of custom workflows and ensuring a fully encrypted environment, Hive.id enhances customer experience while maintaining compliance with global regulations such as GDPR and CCPA. The service aims to reduce fraud, increase customer trust, and facilitate effortless authentication without the need for passwords, positioning Hive.id as a modern alternative to legacy verification systems.

Cursor Insight

Venture Round in 2021
Cursor Insight is a U.K.-based software development company founded in 2013 by Tamas Zelczer and Bence Golda. The company specializes in cybersecurity by offering advanced movement analysis solutions. Its innovative electronic signature system utilizes a human motion analysis algorithm that processes data from a variety of movement capturing devices, including electronic signature pads and computer mice. Leveraging machine learning technology, Cursor Insight's system accurately recognizes handwritten signatures and identifies users based on their unique movement patterns during interaction with computers, phones, or video. This capability allows clients to seamlessly integrate tracking functionalities into their websites and applications, enhancing security and user verification processes.

Ondato

Seed Round in 2020
Ondato is a technology company that specializes in streamlining Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. It offers advanced solutions for digital identity verification, business customer onboarding, data validation, and fraud detection, all from a single interface. The company's tools, which leverage artificial intelligence and machine learning, are designed to help banks and fintech companies comply with regulatory requirements while enhancing data protection and privacy. Ondato's services are applicable across various industries, including banking, fintech, blockchain, and online trading, facilitating a more efficient and secure compliance experience for organizations and their customers. By integrating compliance into business operations, Ondato aims to create a safer environment for all stakeholders involved.

Ondato

Pre Seed Round in 2020
Ondato is a technology company that specializes in streamlining Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. It offers advanced solutions for digital identity verification, business customer onboarding, data validation, and fraud detection, all from a single interface. The company's tools, which leverage artificial intelligence and machine learning, are designed to help banks and fintech companies comply with regulatory requirements while enhancing data protection and privacy. Ondato's services are applicable across various industries, including banking, fintech, blockchain, and online trading, facilitating a more efficient and secure compliance experience for organizations and their customers. By integrating compliance into business operations, Ondato aims to create a safer environment for all stakeholders involved.

Ondato

Pre Seed Round in 2019
Ondato is a technology company that specializes in streamlining Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. It offers advanced solutions for digital identity verification, business customer onboarding, data validation, and fraud detection, all from a single interface. The company's tools, which leverage artificial intelligence and machine learning, are designed to help banks and fintech companies comply with regulatory requirements while enhancing data protection and privacy. Ondato's services are applicable across various industries, including banking, fintech, blockchain, and online trading, facilitating a more efficient and secure compliance experience for organizations and their customers. By integrating compliance into business operations, Ondato aims to create a safer environment for all stakeholders involved.

Hive.id

Pre Seed Round in 2019
Hive.id is an identity verification platform aimed at helping organizations minimize fraud risk during customer onboarding and beyond. The company offers a solution that allows businesses to verify customer identity, age, and biometrics in under ten seconds, leveraging AI and machine learning to streamline the verification process by over 30%. Hive.id supports operations in more than 200 countries and territories, accommodating nearly 8,000 government-issued documents in over 75 languages. The platform is designed for seamless integration, with a well-documented API that can be implemented in under 60 minutes. By enabling the creation of custom workflows and ensuring a fully encrypted environment, Hive.id enhances customer experience while maintaining compliance with global regulations such as GDPR and CCPA. The service aims to reduce fraud, increase customer trust, and facilitate effortless authentication without the need for passwords, positioning Hive.id as a modern alternative to legacy verification systems.

Ondato

Pre Seed Round in 2019
Ondato is a technology company that specializes in streamlining Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. It offers advanced solutions for digital identity verification, business customer onboarding, data validation, and fraud detection, all from a single interface. The company's tools, which leverage artificial intelligence and machine learning, are designed to help banks and fintech companies comply with regulatory requirements while enhancing data protection and privacy. Ondato's services are applicable across various industries, including banking, fintech, blockchain, and online trading, facilitating a more efficient and secure compliance experience for organizations and their customers. By integrating compliance into business operations, Ondato aims to create a safer environment for all stakeholders involved.

Hive.id

Pre Seed Round in 2019
Hive.id is an identity verification platform aimed at helping organizations minimize fraud risk during customer onboarding and beyond. The company offers a solution that allows businesses to verify customer identity, age, and biometrics in under ten seconds, leveraging AI and machine learning to streamline the verification process by over 30%. Hive.id supports operations in more than 200 countries and territories, accommodating nearly 8,000 government-issued documents in over 75 languages. The platform is designed for seamless integration, with a well-documented API that can be implemented in under 60 minutes. By enabling the creation of custom workflows and ensuring a fully encrypted environment, Hive.id enhances customer experience while maintaining compliance with global regulations such as GDPR and CCPA. The service aims to reduce fraud, increase customer trust, and facilitate effortless authentication without the need for passwords, positioning Hive.id as a modern alternative to legacy verification systems.

SmartBill

Pre Seed Round in 2018
SmartBill is a banking API solution for banks and financial institutions. It enables access to the banking and financial data of customers via open banking regulations. Its product line also includes Consent Comes First for consent management, Identity Now for fraud detection and prevention, Affordability Checker for creditworthiness assessment, and Profile 360 for understanding consumer demands.
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