NeuraPay

FinTech

Funded

AI-powered payment fraud detection that saves merchants billions

Founded 2023Dubai, UAE18 team members

Season 1

Mission

We believe every merchant deserves enterprise-grade fraud protection. NeuraPay democratizes access to cutting-edge ML models that previously only Fortune 500 companies could afford, protecting businesses of all sizes from the $32B annual fraud epidemic.

Founder

Ahmed Al-Rashid

CEO & Founder

Former Head of Risk Engineering at Stripe MENA. Built fraud systems processing $2B+ annually. Stanford CS graduate with a passion for making financial infrastructure accessible to emerging markets. Previously founded PayShield (acquired by Mastercard, 2021).

Previous Exits

PayShield → Mastercard (2021)

Key Metrics

Monthly Active Users

12,400

Transactions Processed

1.2M/day

Fraud Detection Rate

99.7%

Merchant Retention

94%

Investment Terminal

Live

Valuation

18.5M AED

MRR

340K AED

Initial Funding

2.1M AED

Burn Rate

180K AED/mo

Runway

14 months

Investment Secured

500,000 AEDfor 8% equity

Lead: Al Maktoum Ventures

Community Response

8,432

Total Votes

87%

Audience Approval