New fraud trends Exciting client news Solarisbank, Europe’s leading Banking-as-a-Service platform, signed a multi-year collaboration with Fourthline to power expansion across domestic and international markets. German online broker Trade Republic, backed by €80 million in funding from Accel and Founders Fund, with Fourthline. N26, continental Europe's largest digital-first bank, extended its multi-year collaboration with Fourthline. Similarly, Yolt, an open banking provider born from Dutch lender ING, further extended its multi-year collaboration with Fourthline. Partnership with French police Product updates Business continuity and quality – As a licensed Payment Institution, we adhere to similar quality levels as our regulated clients. I am proud of our teams for meeting all SLAs and fraud quality scores, despite Fourthline’s high volume growth (145%) and the volatile trading markets for online broker clients like FlatexDEGIRO and Trade Republic. The launch of our SaaS solution – Clients can now process verifications with their own KYC/CDD analysts via Fourthline’s highly automated Analyst Portal. Web SDK - Next to our Fourthline API and Mobile SDK, we now offer a full (hosted) web solution, optimised for HTML5 on (mobile) browsers. Mobile SDK - We’ve continuously improved our Mobile SDK offering for both iOS & Android, making UI and UX improvements while optimising for NFC adoption. What’s next? We are currently finalising our Qualified Electronic Signature (QES) for the European market, Single Sign-On (SSO) functionality for our SaaS offering and a standalone PEP/Sanction API that completely outsources false positive investigations. New leadership hires joined Fourthline as Head of Anti-Financial Crime. She brings a wealth of AML experience across tech and financial services, most recently in her role as Head of AFC at N26. At Fourthline, her teams prevent an additional 20 to 30% of fraudulent activity through enhanced post-signup monitoring. We welcomed into the Fourthline family after he joined as Head of Implementation. Martin has a decade of experience working in chip technology and private equity, with a background in Aerospace Engineering and Sinology. Martin’s teams will double down on Fourthline’s integration process. Fast growth Following our during 2020, we posted 145% year-on-year growth in Q1 2021. We have signed several large institutions (stay tuned for announcements!) and expect our growth rates to accelerate to an even higher rate.