Arkose News

PayPal Makes Strategic Investment in Arkose Labs

June 10, 20192 min Read

Today we announced a strategic investment from PayPal on the main stage at the FS-ISAC Fall Summit — a moment in our timeline that is significant for several reasons:

Validation: It signals to our customers, the industry and any future competitors, that we are not only committed to helping organizations combat the growing online fraud epidemic, but we have the confidence, support and backing of major industry players. When it comes to e-commerce, PayPal is the grandfather and titan of the industry. Their team has recognized the power of the Arkose Labs solution and we are thrilled to have their support. They join US Venture Partners in their financial and strategic backing of Arkose Labs.

Momentum: We continue to work with leading global brands in a multitude of verticals globally — from online communities and marketplaces to travel, banking, social media, gaming, and more . We empower them with the tools they need to prevent fraudulent account creation and abuse. Customers including Electronic Arts, Singapore Airlines, Roblox, and Kik have all demonstrated their commitment to their customer’s privacy and security online.

Strength: Arkose Labs remains the only solution provider to offer a 100% Service Level Agreement (SLA) that includes a money-back guarantee for customers in the event our solution does not prevent an automated attack. We put our money where our mouth is, plain and simple.

Kevin Gosschalk announcing PayPal’s investment at the FS-ISAC Fall Summit.

Today’s news is gratifying to all of us on the Arkose Labs team — we have come a long way in the last two years. The journey is exciting, and we are poised to solve the challenges of online fraud and abuse which our customers are facing head-on. Please visit today’s news announcement for more information on this major milestone for Arkose Labs.