CashShield

CashShield, now operating under the rebranded name Shield, is a San Mateo, California-based enterprise software company that provides a machine-operated fraud detection platform utilizing high-frequency trading algorithms and passive biometric analytics to secure e-commerce transactions. Instead of relying on subscription fees, the business operates on a per-transaction revenue model and has successfully secured over $500 million in monthly gross merchandise value across 10 million active user accounts. CashShield has raised $25.6 million in total venture funding across multiple financing rounds backed by prominent institutional investors including Temasek Holdings, GGV Capital, Wavemaker Partners, and Nest co-founder Tony Fadell. Its automated risk management technology serves digital businesses operating in the gaming, ride-hailing, and digital banking sectors, with an enterprise client roster that features Alibaba, Razer, and Yamibuy. The organization was originally founded in 2008 by Justin Lie.