Confluent co-founder Neha Narkhede today announced a new fintech company, Oscilar, that’s developing an “AI-driven” platform to help financial institutions protect online transactions from fraud and theft.
Oscilar is entirely self-funded, backed by $20 million that Narkhede and the company’s other co-founder, Sachin Kulkarni, themselves contributed. Narkhede says they opted not to take outside funding so that they could “quickly build and scale the company” as it launches publicly.
“Sachin and I were at companies with some of the world’s top engineering talent, yet both of us were confounded by how cumbersome and, frankly, ineffective the prevailing risk …
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