Rased

Based in Riyadh, Saudi Arabia, Rased provides advanced real-time fraud detection and compliance solutions specifically designed for financial institutions and regulated industries within the GCC region. Rased was founded in 2022 in Riyadh, Saudi Arabia, where it specializes in real-time fraud detection solutions. The company's operations have remained consistent since inception, focusing on enhancing security for financial entities. The founder's individual history is not disclosed.

In November 2025, Rased raised an undisclosed amount of pre-seed funding, co-led by Saudi Aramco Entrepreneurship Ventures and SHARE Investment Co. , marking it as a target for investment. The company has secured a total of 1 deal. Rasēd specializes in real-time fraud detection and compliance solutions tailored for regulated industries in the GCC region.

Its core product is a comprehensive platform that integrates detection, compliance, and analytics to provide financial institutions, fintechs, regulators, and holding groups with effective fraud risk mitigation tools. The platform employs advanced AI and PhD-led analytics to process over 1,000 behavioral and device signals in milliseconds, enabling users to identify potential fraud proactively. Rasēd’s services cover all interaction points such as inbound and outbound communications, web, and mobile channels, catering primarily to banks, payment providers, e-commerce merchants, and financial entities operating in Saudi Arabia and beyond. Rasēd generates revenue through a subscription-based model, offering its fraud detection and compliance platform as a service to clients.

This model enables institutions to access a suite of tools, including real-time risk scoring and case management, under flexible pricing arrangements aligned with their operational scale. Partnerships with banks and financial institution's structure transactions around ongoing service agreements, where clients pay for continuous access to platform features and updates driven by evolving fraud patterns. The platform's design also ensures compliance with regional regulations, providing added value for clients seeking audit-ready solutions. Customized pricing plans and flagship services are tailored to meet the unique needs of each client.

In November 2025, Rased plans to utilize recently raised funding to enhance its AI fraud detection platform, recruit additional technical staff, and expand operations across the Gulf region. The company aims to launch new product features designed to improve its service offerings in the near term. Rased's expansion strategy specifically targets the GCC markets, leveraging its funding to solidify its presence in these regions.