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The MemcycoFM Show: Episode 21
Welcome to another episode of The MemcycoFM Show. Today's topic is based off our recent press release announcement, where Memcyco raised $37M to combat advanced digital impersonation & ATO scams and fraud.
The MemcycoFM Show
Why You Should Watch
The oversubscribed round was led by new investors NAventures, the corporate venture arm of National Bank of Canada, E. León Jimenes, and Pags Group, the family office of Steve Pagliuca, with participation from existing investors Capri Ventures and Venture Guides. The capital will fuel the global expansion of Memcyco’s agentless platform, which is rapidly replacing reactive fraud defenses with preemptive protection, making digital trust a reality for customers of the world’s largest brands.
Enterprises no longer have the luxury of reacting after fraud occurs. As impersonation and ATO attacks shift earlier in the attack lifecycle, security teams need visibility and control before damage is done.
This funding milestone reflects a broader industry shift toward preemptive protection, lower customer friction, and measurable impact.
Why the Attack Has Moved Earlier
Attackers no longer wait for login pages. Search ads, cloned sites, and social impersonation allow fraud to begin long before traditional controls engage, shrinking the margin for response.
Why Detection Alone Is No Longer Enough
Most security tools surface signals too late, after credentials are already compromised. Effective defense now requires intervention during deception, not after authentication fails.
What Preemptive Protection Enables
By identifying victims and attack paths in real time, organizations can disrupt fraud as it unfolds, reduce exposure, and protect digital trust without adding friction for customers.
