Afsahi: Competitors lack B2B fraud data for China, Russia, Middle East
Farhan Afsahi · 22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not · Aug 31, 2023 · at 13:25
Farhan Afsahi, founder of Verified, explains the startup's unique value proposition and data differentiation to host Nathan Latka.
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“None of our competitors provide their, any data from regions like China or Russia, Middle East, and we include all of these data in our databases as well.”
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More from Farhan Afsahi
Afsahi: Russia-Ukraine war sparked a surge in oil industry impersonation fraud
“Right now in the oil industry because of the Russian-Ukraine war there's a lot of fraudulent activities happening that companies in like Ukraine, Russia, and like UAE, Turkey, other some sort of all of countries like these
In these regions are for example, co…”
Afsahi: Verified has reached $7,800 ARR with 27 paying customers
“So right now we have about 300 and 80 users out of those 380 about 27 are paying customers and our ARR right now is at 700 and sorry seven, 800 dollars per year.”
Afsahi: Wells Fargo and Shopify have visited Verified and scheduled demos
“Like for example, since 10 months ago a lot of enterprises and like banks, like Wells Fargo Maybank cheaper cash like Corner Shop, which is a subsidiary of Uber Shopify have visited our website.
Some of them scheduled a demo to see how they want to use our pr…”
Afsahi: Verified is seeking to raise $300,000 for 10% equity
“If it's about, like, 300 K for, like, 10% of the company, yeah.”