Rabobank’s investment arm, Rabo Investments, has invested an undisclosed amount in cybersecurity start-up ThreatFabric, joining existing investors including Motive Ventures, ABN AMRO Ventures, 10x Founders, and 14Peaks Capital.

Founded in 2015 in Amsterdam, ThreatFabric specialises in online fraud prevention, mobile malware detection, and threat intelligence, delivering data-driven solutions aimed at financial institutions to combat scams, account takeovers, and other cyber threats.

The move comes as ThreatFabric recently announced an extension of its May 2023 seed round, where the cyber fraud start-up raised €11.5 million. The capital injection is aimed at expanding its technical capabilities and supporting the company's growth.

Amsterdam-based ThreatFabric stated that Rabobank’s additional funding will help support the firm’s objectives of international growth and strengthening the banking sector’s resilience against cyber threats.

The firms said in a statement that they aim to build on their longstanding collaboration and transition into a deeper co-creation partnership to address the evolving challenges of fraud and financial crime, with ThreatFabric aiming to leverage Rabobank's expertise in fraud prevention to enhance its fraud solutions suite.

Anton Jan Cozijnsen, Rabobank’s leader in fraud detection, said: “We’ve worked with ThreatFabric closely for years and actively collaborate on their product roadmap. Co-creation is what makes their product suites so effective. We’re excited to extend this partnership and continue driving innovation together.”

Floris Onvlee, director of corporate venturing at Rabo Investments, highlighted the strategic alignment in combating financial crime on a global scale: “Given the successful collaboration between ThreatFabric and Rabobank, we have seen first-hand how their threat intelligence and fraud prevention solutions benefit banks and their customers," she said.

Rabo Investments is the captive investment franchise of Rabobank, currently seeking investment opportunities in partnerships, emerging technologies, and new business models.

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