Acoru

Acoru is a Madrid, Spain-based fraud prevention and financial crime software company that sells an Account Monitoring Platform to banks and financial institutions. The platform continuously monitors and classifies both first-party and counterparty accounts, evaluating events across all channels rather than only within the institution's own accounts, in order to block Authorized Push Payment (APP) fraud and money laundering before a transaction is initiated. It scores, classifies and predicts future risk through pre-fraud signal detection, labelling accounts as victims, unwitting or complicit money mules, or laundering accounts, and flags signals such as multiple micro-transactions or interaction patterns suggesting AI-driven automation.

The product comprises several components: the Frame Integrator for data ingestion, which onboards data regardless of source, format or schema without ETL projects; the Frame Orchestrator for omnichannel data orchestration, letting banks visually connect tables and build custom attributes and metrics without coding; an Agentic Fraud Operator built on generative AI that detects, investigates and proposes mitigation actions for suspicious patterns and works alongside human analysts; and Inspector, a fraud operations hub with dashboards, real-time alerts and reporting. Acoru packages these into a scam prediction and mule classification solution that plugs into existing fraud stacks (NAF, OFD, TM, SCA), a holistic fraud prevention solution intended to replace legacy tools, and the Acoru Consortium Manager, through which banks exchange account classifications across a centralised network while retaining control of their data.

The company positions its offering against regulatory changes including mandatory scam reimbursement rules (PS23/4, PSD3), money mule monitoring pressure from the PSR and EBA, and regulator encouragement of data-sharing networks compatible with GDPR and GLBA.

Founding story

Acoru was founded in December 2023 by Pablo de la Riva Ferrezuelo, who serves as CEO, and David Morán. It is the pair's second venture: they previously founded Buguroo, which was rebranded as Revelock and acquired by Feedzai in 2021, where their technology monitored over 400 million devices for 120 million users worldwide. Both bring more than 20 years of experience in cybersecurity and fraud prevention. De la Riva has said the company was started to address unresolved problems including cross-channel fraud, privacy-compliant consortium models and early identification of mule accounts, compounded by the rise of scams and the use of generative AI by criminals targeting financial services users.

Business model

Acoru sells software to banks and financial institutions, offering its Account Monitoring Platform either as pre-fraud insights that integrate into an institution's existing fraud technology stack or as a single omnichannel replacement for legacy fraud tools, plus a consortium service through which participating banks share account classifications.

Revenue comes from supplying its fraud prevention platform to banking and financial institutions of all sizes; the company reported strong revenue growth in the two years to October 2025.

Traction

By October 2025 the company had grown to a team of more than 30 people, reported strong revenue growth working with banking and financial institutions of all sizes, and had raised a €10 million Series A. Its careers page states that its products blocked millions of fraudulent attempts in the prior year, and it was named in the Datos Insights Fraud & AML Fintech Spotlight Report.

Latest developments

In April 2025 Acoru launched its NextGen fraud and scam prevention platform and began operations publicly. On 22 October 2025 it announced a €10 million Series A led by 33N Ventures, with Adara Ventures and Athos Capital participating, earmarked for technology development, team expansion, wider operations and helping banks meet regulatory requirements such as PS23/4 and PSD3.