Blume Ventures’ Post

A Remarkable Journey: Bureau’s Fight Against Global Fraud and the Road Ahead Dear Ranjan R Reddy, As I sit down to reflect on Bureau’s incredible journey, I can’t help but marvel at the transformative impact your vision has had on tackling one of the most critical challenges of our digital age—fraud. From your bold beginnings to the triumphant announcement of Bureau’s $30M Series B round, this journey is nothing short of extraordinary. The trust and confidence of esteemed investors like Rob Rueckert at Sorenson Capital and Ashish Aggarwal at @PayPal Ventures are not just a testament to Bureau’s achievements but a strong validation of the mission you’ve championed—to protect and accelerate customer journeys in a world increasingly threatened by digital fraud. The staggering $485 billion annual losses due to financial crimes, as highlighted by Nasdaq, underscore the urgency of Bureau’s work. Your platform’s ability to combat sophisticated fraud through cutting-edge risk intelligence is a beacon of hope in this daunting fight. Verifying over 600 million identities, tripling your customer base, and achieving unparalleled growth since your Series A round are milestones that showcase not just scale but an unwavering commitment to innovation and impact. I’m inspired by how Bureau is addressing AI-powered fraud, tackling money mules, crushing deepfakes, and securing real-time payments—all while ensuring seamless customer experiences. Your integrated approach to risk intelligence, from identity verification to continuous behavioral analysis, is redefining trust in digital-first customer journeys. As Bureau continues to grow, I am confident the path forward is one of even greater success. The ambitious plans to enhance your technology capabilities and expand your go-to-market efforts will undoubtedly solidify Bureau’s position as a leader in fraud prevention and risk management. Congratulations once again on this remarkable milestone! Your journey is a shining example of how vision, resilience, and innovation can address some of the world’s most complex challenges. I look forward to seeing Bureau scale new heights and make the world a safer place for businesses and consumers alike. With immense admiration and best wishes for the road ahead, Ram Rastogi 🇮🇳 Reserve Bank of India (RBI) Reserve Bank Innovation Hub (RBIH) National Payments Corporation Of India (NPCI) Fintech Association for Consumer Empowerment (FACE) Digital Lenders Association of India (DLAI) Internet and Mobile Association of India Fintech Convergence Council Visa Mastercard FICO Salesforce Bharat Web3 Association