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| less than a minute read

Eftsure raises $2.5 million

Australia based provider of protection against payment fraud in the B2B sector raised $2.5m in funding led by Our Innovation Fund.

Co-founder and CEO Mike Kontorovich says: “Cybercrime targeted at businesses is fuelled by a perfect storm of e-mail usage, social engineering and gaps in payment systems. The result is that businesses aren’t paying who they think they’re paying. Our solution seamlessly overlays a customer’s existing internet banking portal and doesn’t require any IT integration.”

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fraud prevention