To qualify for the Top100 companies Fraugster needed to demonstrate excellence in terms of innovation, inspiration, impact or problem solving for the common good. Fraugster qualified with its modular approach and unified platform for advanced AI delivering Compliance, Risk & Fraud Management and revenue optimization products to the Fraugster customers.
Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising scale ups. It selects the award winners from approximately 1,200 privately financed companies each year in the European Region. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals,…