The document discusses entrepreneurship and innovation in Portugal, specifically around Lisbon. It summarizes that Portugal now has excellent engineering talent, growing support for startups through accelerators and incubators, and financing is no longer a problem due to these resources. Lisbon has become a global hub for entrepreneurship, hosting the largest tech gathering in Europe each year that attracts tens of thousands of attendees. Several Portuguese companies have raised large funding rounds from major international investors. The document concludes by discussing Feedzai, a Portuguese fraud prevention startup that uses machine learning to analyze large amounts of transaction data and has seen rapid growth, now processing $2 billion per day in total payment volume.

1. Crushing Financial Fraud at BigData Scale
EuropeanEntrepreneurship&Innovation
Stanford Engineering
Feb22,2016
Nuno Sebastiao, CEO

2. F I G H T S F R A U D
The risk engine that makes commerce safe.

3. A historic university…

4. ..with a modern school of engineering.

5. State of
Entrepreneurship
in Portugal

6. 1. Excellent engineering
talent across 4 schools.
2. Joint engineering
programs with CMU, UT
Austin, MIT.
3. Growing support with
accelerators and
incubators.
Great Engineering Schools & Tech Incubators

7. Innovation contests
Acceleration Programs
Technology Partnership programs
Government programs
Incentives & Financing Are Not the Problem Anymore
Financing and managementIncentivesInfrastructure
Incubators and Accelerators,
evolving towards professionalization

8. Lisbon Is Now on the Global Map of
Entrepreneurship
June 2013
Invested in 7 Portuguese
companies in 2013 & 2014
Invested in 2 Portuguese
companies in 2013 & 2014
Oct. 2014

9. 1. Europe’s largest tech gathering
2. 40k+ attendees from 134 countries last year
3. Unprecedented Lisbon attendance
“It took until Sep 2 2015 to for 10,000 folks to register for 2015 in Dublin. We had 42,000 in the end
from 134 countries. As of today there are already 23,000 from 145 countries fully registered. The
scale is unimaginable. There will never have been a larger gathering of the most important, fast
growing startups in the history of the world than in Lisbon in November.” Paddy Cosgrove
Founder and CEO Web Summit

10. $194.5M
$24.45M $26.9M $26.13M
$22.76M $28.98M
500 Startups
Salesforce Ventures
Storm Ventures
DFJ Venture Capital
True Ventures
Verizon Ventures
Oak HC/FT
Sapphire Ventures
Data Collective
Octupus Ventures
Atomico
Augmentum Capital
Woodford Patient
Capital
e.Ventures
Index Ventures
Vitruvian Partners
DST Global
Condé Nast
Advent Venture Partners
Online marketplace for
high-end fashion boutiques
Cloud-based call center
software
Online platform for
equity crowdfunding
The Internet of Moving
Things
Online platforms for
student housing
Fraud prevention software
powered by machine learning
Source: CrunchBase
Portuguese Companies with Institutional
International Rounds

11. Seed Funding
2011
Series A
2013
MILESTONE: $1 Billion a
Day in Total Processing
Volume
2015
Series B
2015
Named one of Europe’s Top 50 fastest
growing startups
Offices in Coimbra, Lisbon, San Mateo, New
York and London
300%+ YOY since 2013
2016
2016
$2 Billion a Day in TPV
Local VC’s
Angels
SAP Ventures
Data Collective
OAK HC/FT
SAP Ventures

12. Three Learnings
1. Tech transcends borders
2. Have a purpose
3. Make it in the big city

13. Machine
Learning
is…
Eating
the World

14. Machine
Learning
is..
using autonomous systems that
Learn, Predict, Explain & Act
based on data

15. H A V E A
PURPOSE

16. Purpose
Finding
True
North

17. $16 billion fraud loss
that funds:

18. Aggregated data collected by Feedzai
Each bar is a day
This one is $691,000
Fraud Patterns Change Too Quickly
Human-generated
rules cannot evolve
fast enough
8

19. How Customers Use Feedzai
MARKETPLACESBANKING MERCHANTPAYMENT
NETWORKSBUYING SELLING
BUYERS
ONLINE
MARKETPLACES
Trust buyer
or seller?
SELLERS
COMMERCE ECOSYSTEM
MERCHANT
UNDERWRITING
Is merchant
well-
behaved?
CHECKOUT AT
POINT-OF-SERVICE
Is order
genuine?
ACCOUNT
OPENING
Is user
credit-
worthy?
MONEY
TRANSFER
Is recipient
legit?
ONE PLATFORM > MULTIPLE USES CASES

20. M A K E I T
I N T H E
B I G C I T Y

21. TODAY THIS NATION WITH ITS
HISTORY OF MARITIME
EXPLORATION, IS LEADING A NEW
EXPEDITION, A VOYAGE OF
ENTREPRENEURIAL DISCOVERY
TREND THAT MANY EXPECT TO
CONTINUE FOR YEARS TO COME .
-FORBES ON PORTUGAL-

22. nuno.sebastiao@feedzai.com