The specialist in fraud detection and billing error detection solutions for telecom operators raises 6 million euros to accelerate its commercial operation

The Lyon-based company, created in 2005 by Xavier Lesage, Christophe Scholer and Medhi Bencheqroun, offers telecommunications operators around the world patented software solutions for detecting fraud and billing errors.

Araxxe deploys its monitoring technologies through a unique network of 300 robots deployed in 180 countries. This network, managed from the Lyon-based operational center, allows the company to provide supervision services 365 days a year and 24 hours a day. The data collected by the robots is processed by artificial intelligence algorithms making it possible to detect anormal billing patterns and interconnect frauds and report them in real time to the operator.

The company has the largest mobile operators on all continents among its customers, including France, Germany, US, Canada, Russia, Philippines, Malaysia, Brazil, Mexico, Morocco and Egypt. Araxxe’s software provides immediate financial gain to customers by optimizing billing and ending fraud.

The company is resolutely international with more than 15 nationalities represented among its employees. More than 85% of its turnover is realized outside France.