Congratulations, BioCatch: Transforming how we fight fraud

By Matthew Kinsella

I just want to give a big congratulations to Howard, Avi, Gadi and the whole BioCatch team on their amazing progress these past 2 years. The company truly has the right team and the right product at the right time. Just like money, fraudsters never sleep (couldn’t resist the Gordon Gecko quote). But our customers definitely sleep better at night knowing that BioCatch is protecting their organizations. And that is becoming only more apparent as working from home has made the risks around fraud even greater.

When I first learned about BioCatch’s technology I thought it was science fiction. But it actually works — they have demonstrated the ability to predict and prevent fraud based on the way people interact with their devices. I don’t know of a single financial institution (or any institution that uses passwords and worries about fraud for that matter) that wouldn’t benefit from BioCatch’s behavioral biometrics solution.

I also want to welcome Dewey and the Bain Capital Tech Opportunities team to the group. We can now add another great new investor along with the right team and product at the right time. I’m super excited to see where BioCatch can go from here!

The views expressed herein are solely the views of the author(s) and are not necessarily the views of Maverick Capital, Ltd. or any of its affiliates. They are not intended to provide, and should not be relied upon for, investment advice.