Deal

Shakespeare Martineau helps cyber security start-up secure investment

Published: 25th March 2021
Area: Corporate & Commercial
We supported fcase with securing investment from start-up and scale-up funders Wayre UK, part of Telefonica’s innovation hub.

fcase, which specialises in fraud detection and prevention orchestration technology, will use the investment to further develop its sophisticated and extremely flexible technology, which centralises and automates the end-to-end framework for fraud operation centres.

Our team, comprising Catherine Moss, Georgia Keogh, Oliver Gutman and Tijen Ahmet, advised on the corporate and tax issues relating to the investment, having previously worked with fcase advising on business immigration.

Catherine Moss, partner and corporate finance expert said: “Cybersecurity, tech and digital are all proving sound investment areas for many funds. With fraud increasing as more people started working from home, it’s innovative technologies like those created by fcase which will make a difference to the safety and security of people and businesses by creating accessible, easy to use digital solutions supporting consumer financial services products. We look forward to continuing with fcase as they grow.”

Emre Sayin, CEO of fcase said: “We found that too often, banks, financial services, and insurance companies face the challenge of siloed anti-fraud systems and operations with little-to-no cross-functional or departmental communication, delivering significant inefficiencies and gaps that fraudsters exploit. For fraud prevention and operations to be effective, the enterprise must be connected and working in harmony via one final fraud orchestration layer connecting and managing point systems, such as anti-fraud.

“With our unified system, enterprises have a full picture of their fraud operations, diminished operational challenges, and a superior customer experience. Not only does fcase set a new standard for fraud operations management, but we also guarantee effective customer support through our 24/7 on-call system.

“This is a really exciting step in our growth journey and the team at Shakespeare Martineau have played a crucial part in getting our business investment-ready.”

Contact us

For any further information, or to see how we can support your business plans, contact Catherine Moss or another member of our corporate team.

Our corporate team is ranked as a Leading Firm in the Legal 500 2021 edition.

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