Orca Fraud has raised $2.35 million in seed funding to accelerate the growth of its real-time transaction monitoring and fraud intelligence platform across Africa and other emerging markets.
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This latest round was led by returning investor Norrsken22. The round also saw the participation of OneDayYes, Enza Capital and CV VC Africa.
Founded by Thalia Pillay and Carla Wilby, the company has positioned itself as a key infrastructure layer for fraud detection in high-velocity payment ecosystems.
Orca Fraud reports that it now processes over $5 billion in monthly transaction volume across more than 70 countries, working with banks, telecommunications companies and payment service providers.
The platform is already deployed across large-scale financial ecosystems, monitoring millions of users across multiple payment rails in real time.
Orca’s platform is designed to monitor transactions across multiple channels simultaneously, including mobile wallets, cards, bank transfers, and even crypto.
This approach allows it to detect fraud patterns that may move across systems before alerts are triggered by conventional tools.
Orca integrates directly into transaction flows allowing its models to evaluate behaviour in real time and make faster risk decisions without affecting approval rates or user experience.
The company also emphasizes the importance of data from emerging markets. This data is often fragmented and underrepresented in global datasets.
Orca says its enterprise clients include major financial services groups and telecom operators managing millions of customers across multiple payment rails.
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