FOO Mobi delivers tokenisation, wallets and SDKs to financial institutions across the GCC and Africa. Fraud monitoring is the missing piece your SBA client just asked for — Fraudio is the multi-tenant, white-label fraud brain FOO can turn on, resell and embed under Nadim's own product roof.
FOO Mobi's model is clear: partner with the best-in-class specialist for each layer of the payments stack, package it under FOO's SaaS envelope, and sell it to financial institutions who prefer to buy an integrated product rather than integrate seven vendors themselves. Nadim already runs this playbook on ID verification. The immediate trigger is the white-labeled SBA product, where a client has asked for card fraud monitoring — and building that layer in-house isn't the play. Bundling a proven, multi-tenant fraud engine underneath FOO's brand is. That's what Fraudio is.
One integration between FOO Mobi and Fraudio. From there, every FI client on FOO's book turns on fraud monitoring as part of the wallet, SDK or virtual-card offering they already buy from you. Fraudio is invisible to the FI. FOO owns the relationship, the pricing and the roadmap conversation.
Financial institutions on FOO's SaaS envelope
Wallets, SDKs, virtual cards + fraud, one brand
Pre-trained AI, rules, case management
Fraudio sells to FOO on a wholesale buy-rate. FOO packages it under FOO's brand, bills the FI directly, and keeps the margin between our buy-rate and the FI's sell-rate.
For clients FOO would rather not carry on the balance sheet, Fraudio contracts directly with the end FI. FOO earns a revenue share on the traffic.
GCC data-residency laws are the single biggest barrier for global fraud vendors trying to legitimately serve the region. Fraudio is already live in Saudi Arabia via GCP Dammam — the compliance and integration path is a solved problem, not a promise.
For other GCC jurisdictions — Bahrain, UAE, Qatar, Kuwait — a dedicated in-region deployment is available whenever the volume justifies it (10M transactions/month is the threshold that unlocks a bespoke regional deployment).
Fraudio is built for the issuing and acquiring side of the card rails, with a centralised AI trained on 2M+ merchants and 500M+ cards. For FOO's wallet and virtual-card products, that means real-time card fraud scoring, AML monitoring and compliance screening — all behind one API, all resalable to FOO's FI clients.
Pre-authorisation scoring in under 100ms. Every transaction scored 0–1 with approve, step-up or decline outcomes. Works on FOO-issued virtual cards, wallet spends and pay-ins across the flows your SDK powers.
AML coverage across all transactions. Structuring, layering, mule activity, rapid movement — sequence-based monitoring with no tipping-off, plus full case management and SAR/STR-ready output for the FI's regulator.
API-driven person-level screening against PEP lists, global sanctions and adverse media — triggered on inbound and outbound flows involving unknown external counterparties. Available as a standalone product, or bundled with monitoring.
Provision a tenant per FI client on FOO's book. Data segregation, isolated rules, tailored KPIs. Full white-label — your brand, your URLs, your permission model. The FI client sees FOO's fraud product, not ours.
Rules handle compliance and business appetite. AI handles behavioural patterns and continuously retrains on network feedback. No-code rule editor with shadow mode and LLM rule generation for the FI's own risk team.
Every FI on FOO's book benefits from the network effect of 2M+ merchants and 500M+ cards across Europe, GCC, Africa, India, Indonesia and LatAm. Small FIs get insights that would take a decade to accumulate on their own.
Full API reference, integration guide, data schema, event handling and webhook specification. The team can start scoping the field mapping between FOO's platform and Fraudio's schema today.
API reference, integration guide, data schema, webhook specs and sample payloads.
Pricing is per-transaction and drops as volume grows. At 10M transactions/month on core fraud detection, the rate lands at $0.000232 per transaction — well under a cent, leaving meaningful margin for FOO's resell rate. Bundling AML, PEP/sanctions and multi-tenant portal access sits within a tiered volume envelope agreed per opportunity.
The immediate fraud-monitoring requirement on the white-labeled SBA product gets a proven answer — same day you decide to move. No in-house build, no vendor bake-off, no six-month integration programme.
FOO integrates once. Every FI on your book gets its own tenant, its own rules, its own KPIs — no fresh technical work for each new client. Multi-tenancy is the architecture, not an afterthought.
ISO 27001, GDPR, and — critically — an existing KSA GCP Dammam deployment. The regulatory path for your GCC clients is a solved problem, not a promise. Africa deployment supported through regional GCP regions.
Sub-cent wholesale pricing at scale means FOO's sell-price to the FI leaves meaningful margin — even before bundling in AML, PEP/sanctions or premium tenant access.
Viva Wallet is a European payment institution and acquirer that deployed Fraudio to score card fraud in real time and monitor merchants for fraud and money laundering. Scaled past half a million merchants without scaling the fraud team. The operational shape FOO's channel model needs — client count growing, headcount holding.
“Fraudio enables us to detect fraudulent merchants and money laundering, ensuring the safety of our clients against fraud in payments. This has been extremely helpful to our growth by providing us the ability to focus our efforts in a much more accurate manner.”
A single-page summary of what makes Fraudio different — the centralised AI, the network effect and customer results. Easy to circulate with the FOO product and commercial teams.
