Riskified Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Riskified Strengths, Domain Expertise, and Key Differentiators

Riskified is a fraud management company dedicated to making online shopping secure and fraud-free. By leveraging advanced machine learning algorithms, it enables banks and businesses to build secure payment systems and detect fraudulent transactions effectively. Headquartered in Tel Aviv, the company has achieved a valuation of $3.3 billion.

Riskified Recent Developments

In January 2024, Riskified enhanced its Dispute Resolve platform, enabling merchants to centralize and streamline chargeback management. The upgraded solution leverages advanced automation to reduce manual work and improve operational efficiency significantly.

In May 2022, Riskified appointed technology executive Ravi Kumaraswami as President of Worldwide Field Operations. His addition comes as the company aims to strengthen its market position and accelerate growth. In this role, Kumaraswami will lead Riskified’s global field operations, overseeing sales, marketing, and strategic partnerships.

In May 2021, Riskified introduced an updated version of Deco, its real-time solution designed to recover orders lost due to card-not-present payment authorization failures. These failures are a major—yet frequently overlooked—cause of revenue loss for eCommerce merchants. Deco helps merchants resolve these failed transactions automatically, turning potential losses into successful sales.

Riskified Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Riskified applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Riskified and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Riskified Platform customers.

Riskified Key Enterprise and Cloud Applications

Riskified Platform

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Riskified Direct vs Indirect sales

Riskified Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Riskified Customers

No. of Riskified Customers: 2000

No. of Riskified Enterprise Applications Customers: 2000

No. of Riskified Cloud Customers: 2000

No. of Riskified Cloud Subscribers: x

Riskified serves over 2,000 customers globally, including a wide range of prominent brands across various industries. Notable clients include PRADA, Ticketmaster, Finish Line, Wayfair, Wish, Trip.com, Peloton Interactive, Jimmy Jazz, Kiwi.com, Air Europa, Brooklinen, ALDO, ViajaNet, SSENSE, Snaptravel, eSky, Daniel Wellington, Miu Miu, KIKO Milano, Dolce & Gabbana, and many more.

Riskified Market Opportunities, M&A and Geo Expansions

Riskified partnered with Kogan.com, one of Australia’s leading online retailers. By implementing Riskified’s machine learning solution, Kogan.com aims to enhance operational efficiency while providing its loyal customers with a more secure and seamless shopping experience.

Riskified Risks and Challenges

Public companies often face heightened pressure from the market, which can shift their focus toward short-term performance at the expense of long-term growth. Management decisions are subject to increased scrutiny, as investors continuously seek rising profits. This environment may sometimes incentivize the use of aggressive or questionable practices to meet earnings expectations.

Riskified Ecosystem, Partners, Resellers and SI

In August 2023, Riskified announced a partnership with global payments leader Mastercard aimed at helping businesses worldwide increase online revenue and profits while reducing fraud and chargeback risks. This collaboration also pioneers new advancements in e-commerce fraud prevention by combining insights from Mastercard’s cybersecurity solutions with Riskified’s vast transaction and identity network.

In July 2022, Riskified expanded its strategic partnership with Axerve, an Italy-based global payments platform, to deliver its machine learning solutions, such as PSD2 Optimize, to Axerve’s customer base. One of the first clients to adopt PSD2 Optimize, KIKO Milano, achieved nearly 99% exemption from Strong Customer Authentication (SCA) through Transaction Risk Analysis (TRA), resulting in a transaction approval rate increase of over 10%.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: