Waldo provides an AI-driven robo-advisor platform for active treasury cash management for businesses of all sizes. The platform optimizes idle company cash to maximize yield, potentially exceeding 5%, while managing balance sheet risk through automated portfolio strategies. It offers same-day liquidity and extended SIPC insurance coverage for client assets held securely via DTCC.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Companies face increasing challenges in combating fraud as bad actors adapt to new systems and technologies. Existing fraud detection methods often struggle to keep pace with sophisticated schemes like synthetic fraud, friendly fraud, and ACH reversals, leading to financial losses and damaged customer trust.
Solution
Waldo provides an AI-powered fraud detection and compliance platform that helps businesses identify and prevent fraudulent activities. The platform leverages a network of integrated data sources and machine learning algorithms to analyze user behavior and pinpoint bad actors. Waldo offers features such as KYC/AML verification, AI-driven fraud scoring, customer reports, and recovery tools, providing a comprehensive solution for onboarding and monitoring users while minimizing fraud risks. The platform also allows integrators to contribute anonymized, tokenized data to enhance the AI model and improve fraud detection accuracy across the network.
Target Audience
Waldo primarily targets fintech companies and other consumer-facing businesses that require robust fraud prevention and compliance solutions to protect against financial losses and maintain customer trust.
Features
- AI-powered fraud scoring and monitoring using a network of integrated data points
- KYC/AML verification and deep background checks for user onboarding
- AI customer reports providing detailed insights into high-risk user behavior
- Recovery tools for managing and resolving fraudulent incidents
- Real-time, bidirectional fraud detection and compliance network
- Simple integration via API, allowing deployment in under an hour
- Developer documentation and a sandbox environment for testing and integration
- Webhooks for real-time notifications and automated workflows