AVIEL Intelligence has developed a proprietary intelligence engine that actively identifies scam networks and enables PSPs and banks to take real-time action to block fraud. The company deploys AI personas that engage scammers on digital platforms and extract information as conversations move to encrypted environments like WhatsApp, surfacing which accounts are being used in scams. AVIEL’s platform is live and positioned to give receiving banks critical insights to understand and mitigate fraud risk. The business was founded by former Google employees and cybersecurity experts and emerged from stealth with this product already operational. Market context includes a surge in UK fraud—Authorised Push Payment (APP) losses nearing £500M—and new Payment Systems Regulator rules shifting reimbursement liability to PSPs, increasing demand for preventative solutions. The company plans to use the funding to expand across the UK and internationally, accelerate product development, increase detection speed and accuracy, broaden the scope of scams covered, and scale intelligence delivery. The round provides initial financial support via a Pre-Seed financing to fund these growth priorities.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2025