BioCatch Achieves Record Q2 in 2025 with Over $160 Million ARR
BioCatch’s Record-Breaking Second Quarter of 2025
In the fast-evolving landscape of financial technology, few companies can claim significant milestones quite like BioCatch. Known for its innovative approach to preventing financial crime through behavior recognition, BioCatch recently announced its most successful second quarter in history, surpassing an impressive $160 million in annual recurring revenue (ARR) for Q2 of 2025. This achievement not only marks a significant increase from previous years but also underscores the company's growing influence in the battle against financial crime.
During the previous fiscal year, BioCatch set another remarkable record, generating over $40 million in new sales. As of June 2025, the company’s global clientele has expanded to more than 280 financial institutions across over 20 countries. This impressive growth trajectory is attributed to the ongoing demand for smarter, more efficient fraud prevention methods — a service BioCatch provides through its sophisticated technology that analyzes human behavioral patterns.
In Q2, BioCatch welcomed over 20 new clients, including one of the largest U.S. banks. This new addition contributed to the North America branch of the company exceeding $50 million in ARR. It's worth noting that three out of the four largest banks in the U.S. have now adopted BioCatch’s solutions, a testament to the company's reliability and effectiveness in safeguarding financial transactions.
One of the standout highlights in BioCatch's recent performance is the expansion of its signature product, BioCatch Trust™. This innovative platform, launched in Australia last November, represents the world’s first behavior-based, inter-bank intelligence-sharing network. Following its success down under, BioCatch is now rolling out BioCatch Trust™ in Argentina, which provides real-time protection against intricate scams that are often challenging to identify. With this strategic approach, the company is equipping its clients with tools to effectively combat a myriad of fraud types.
Additionally, BioCatch saw a remarkable growth in its partnerships, with ARR through collaborators exceeding $10 million in the second quarter — a staggering increase of 71% from the previous year. Notably, solutions targeted against voice scams and money mule activities now constitute 15% of the total ARR, a significant rise from just 5% two years ago, indicating an adaptive response to the evolving nature of financial crime.
BioCatch’s CEO, Gadi Mazor, shared profound insights on these accomplishments, expressing gratitude towards their diverse customer base worldwide. He stated, “We could not have done any of this without the partnership of our customers in more than 20 countries around the world. Together, we have not only the unique ability but also a duty to advance the global fight against fraud and financial crime.” He emphasized that leading financial institutions are enhancing their defensive strategies and are now engaging in more offensive measures to counter fraud proactively.
Looking forward, BioCatch plans to build on its first-half successes by accelerating innovations in technology, broadening its global outreach, and facilitating enhanced collaborative efforts across borders. The company aims to set new standards in both scale and detection capabilities, continually striving to make digital banking a safer experience for users everywhere.
The scale of BioCatch’s influence is evident in the vast amount of data it processes; the company analyzes over 15 billion user sessions monthly, protecting an astounding 525 million individuals across 1.6 billion devices and successfully averting approximately $3.7 billion in fraudulent transactions last year alone. Furthermore, the company's Net Promoter Score (NPS) stands at a remarkable 72, reflecting high levels of customer satisfaction.
In the first half of 2025 alone, BioCatch achieved several key milestones: it expanded its workforce by onboarding 74 new employees, launched 34 community programs across 23 countries for fraud prevention efforts, and released multiple highly regarded research reports on various aspects of fraud, partnering with organizations like UK Finance.
With a clear focus on innovation and collaboration, the future looks bright for BioCatch as they continue their mission to combat fraud and enhance the security of financial transactions. As the world’s financial institutions rally to improve their protective frameworks, BioCatch remains at the forefront, fostering a secure digital banking landscape for the future.